Dow slides 650 points, on track for biggest sell-off of 2024 over U.S. recession fears

Stocks sold off Thursday, with the Dow Jones Industrial Average heading for its worst day of the year as new data raised fears of a potential U.S. recession.

Pia Singh and Samantha Subin for CNBC:
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The Dow dropped 636 points, or nearly 1.6%. At its session lows, the 30-stock index lost 744.22 points, or about 1.8%. The S&P 50 shed 1.8%, while the Nasdaq C…