How major US stock indexes fared Friday
After almost 10 years, Wall Street’s rally looks like it’s ending.
Another day of big losses Friday left the U.S. market with its worst week in more than seven years. All of the major indexes have lost 16 to 26 per cent from their highs this summer and fall. Barring huge gains during the upcoming holiday period, this will be the worst December for stocks since 1931.
On Friday:
The S&P 500 index surrendered 50.80 points, or 2.1 per cent, to 2,416.62.
The Dow Jones Industrial Average tumbled 414.23 points, or 1.8 per cent, to 22,445.37.
The Nasdaq composite skidded 195.41 points, or 3 per cent, to 6,332.99.
The Russell 2000 index of smaller-company stocks shed 33.92 points, or 2.6 per cent, 1,292.09.
For the week:
The S&P 500 lost 183.33 points, or 7.1 per cent.
The Dow fell 1,655.14 points, or 6.9 per cent.
The Nasdaq plunged 577.67 points, or 8.4 per cent.
The Russell 2000 gave up 118.73 points, or 8.4 per cent.
For the year:
The S&P 500 is down 256.99 points, or 9.6 per cent.
The Dow is down 2,273.85 points, or 9.2 per cent.
The Nasdaq is down 570.40 points, or 8.3 per cent.
The Russell 2000 is down 243.43 points, or 15.9 per cent.
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