Stocks Open Lower, Face Biggest Weekly Losses Since 2008

  • 📰 WSJ
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

The S&P 500 fell about 2%, a day after its biggest percentage drop since August 2011, with stocks on pace for steep weekly losses

A market storm gathered pace Friday as stock markets around the world sold off and investors struggled to calculate the economic fallout from the coronavirus epidemic.

The S&P 500 fell 1.8%, a day after the biggest percentage drop in U.S. markets since August 2011. The Dow Jones Industrial Average dropped 466 points, or 2%, putting it about 14% below its Feb. 12 record close. The tech-heavy Nasdaq Composite declined 1.9%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

WSJ more great news. Thanks for the panic alert!

We offer Loans, Cash & Asset Backed Financial Instruments such as Bank Guarantee and Standby Letter of Credit (BG/SBLC) for lease and sale, and loan facilities. We offer verifiable bank instruments via SWIFT from genuine providers capable of taking up time bound transactions.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks open sharply lower; Dow 10% below recent record highStocks are opening sharply lower, extending a weeklong rout and bringing the Dow Jones Industrial Average 10% below the record high it hit two weeks ago IMPOTUS Trump and his creationist flunkie Pence aren't really inspiring a lot confidence in the markets, we're noticing.
Source: ABC - 🏆 471. / 51 Read more »

Stocks open sharply lower; Dow 10% below recent record highNEW YORK (AP) — Stocks are opening sharply lower, extending a weeklong rout and bringing the Dow Jones Industrial Average 10% below the record high it hit two weeks ago. Microsoft became... Trump’s gonna yell at the Fed to fix the coronavirus already This is a great buying moment! maybe the president shouldn’t have gone on stage to directly contradict the experts standing beside him
Source: AP - 🏆 728. / 51 Read more »

Stocks open higher on Wall Street following 2 steep dropsMARKETS: Stocks are opening higher on Wall Street as the market finds its footing following back-to-back drops, as fears spread about economic fallout from the virus outbreak.
Source: ABC - 🏆 471. / 51 Read more »

Stocks open sharply lower on Wall Street, bringing Dow Jones industrials 10% below record high they set two weeks agoJUST IN: Stocks open sharply lower in early trading, extending a week of steep losses triggered by coronavirus concerns.
Source: ABC - 🏆 471. / 51 Read more »

European stocks slide again as pandemic fears mountEuropean stocks tumble as a jump in coronavirus cases outside of China deepened fears of a looming pandemic They'll come back up - history shows they always do...eventually. Concern is more with people's health and well-being rather than money right now. liveslow Considering Europe did not attempt to coordinate about this issue until the 13th... yeah vs Scary News vs GOLDEN AMBUSH...
Source: Reuters - 🏆 2. / 97 Read more »