Stocks pare losses; S&P 500 flirts with correction

MARKET VOLATILITY remained high Friday with the S&P 500 on track for the worst month in eight years. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE
MARKET VOLATILITY remained high Friday with the S&P 500 on track for the worst month in eight years. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE
NEW YORK - United States stocks staggered back from a rout that took the S&P 500 Index into a correction, though major average remained firmly lower for the day. Treasuries and gold remained higher amid demand for havens. The S&P 500 cut a loss that approached 3 percent by more than half, though it remains…

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