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Stocks pare early losses

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Equities initially fell sharply on Monday, led by car stocks, before trimming their losses and pushing Wall Street's "fear gauge" down on the day. However, US Treasuries highlight investor nerves, says Robin Wigglesworth, US markets editor.► Subscribe to FT.com here: http://on.ft.com/2eZZoLI► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubsFor more video content from the Financial Times, visit http://www.FT.com/videoTwitter https://twitter.com/ftvideoFacebook https://www.facebook.com/financialtimes

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