Dow drops 200 points in wild session where it was briefly down more than 1,000 points; European stocks close slightly higher after sell-off; Ericsson up 8% on earnings 
The Dow Jones Industrial Average closed lower Tuesday, but well off its session lows in another rollercoaster session that comes as the Federal Reserve is preparing investors for tighter monetary policy. 
The blue-chip average shed 67.77 points, or 0.2%, to close at 34,297.73. The index swung from a nearly 819-point deficit at its lows to a roughly 226-point rally at its highs during the session. The S&P 500 dipped 1.2% to 4,356.45. The technology-heavy Nasdaq Composite fell 2.3% to 13,539.30. 
American Express was the top gainer on the Dow and the S&P 500 after an earnings beat, adding 8.9%. Dow members IBM and Johnson & Johnson were also among the top gainers on the index after reporting quarterly results. 
Tech shares struggled amid rising rates. Nvidia, down 24% this year, lost 4.5% on the day. Microsoft lost 2.7% ahead of its earnings report after the bell. 
General Electric was among the biggest decliners on the S&P 500 with a 6% loss after the company topped quarterly earnings expectations, but missed revenue estimates. 

The pan-European Stoxx 600 closed up by 0.8% provisionally, with banks adding 2.9% to lead gains as most sectors and major bourses finished in positive territory. Tech stocks, on the other hand, fell around 0.8%. 
In terms of individual share price movement, Ericsson gained almost 8% after beating fourth-quarter earnings expectations, with profits bolstered by high demand for 5G network equipment. 
And Swiss software manufacturer Logitech climbed 6% after beating quarterly sales expectations and raising its full-year outlook. 
Source: CNBC, Investing.com