The Globe and Mail reports in its Wednesday edition that U.S. and Canadian stocks fell on Tuesday but recovered slightly after a volatile session marked by conflicting tariff updates and possible ceasefire progress between Ukraine and Russia. A Reuters dispatch to The Globe says that the S&P 500 briefly dropped 10 per cent from its February high, marking a market correction, while the S&P/TSX Composite Index reached its lowest point since Oct. 31. The Dow fell 478.23 points, or 1.14 per cent, to 41,433.48, the S&P 500 lost 42.49 points to 5,572.07, and the Nasdaq lost 32.23 points. Delta Air Lines stumbled 7.3 per cent after the carrier slashed its first-quarter profit estimates by half. The Canadian benchmark index ended down 132.51 points at 24,248.20. The Toronto consumer staples sector fell 2.8 per cent, with shares of grocer Empire down 3.4 per cent. Consumer discretionary was down 1.8 per cent, industrials lost 1.4 per cent and the heavily weighted financials ended 1.4 per cent lower. Resource shares helped limit the Toronto Stock Exchange's losses. The materials sector added 2.7 per cent as gold and copper prices rallied. Energy rose as the price of oil settled higher at $66.25 (U.S.) a barrel.