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Dow plummets 665 points, capping worst week in 2 years
U.S. stocks fell sharply on Friday after a stronger-than-expected jobs report sent interest rates higher. The Dow Jones industrial average dropped 665.75 points to close at 25,520.96, capping off the index's sixth-largest points decline ever. The 30-stock index also fell below 26,000. Friday also marked the first time since June 2016 that the Dow fell at least 500 points. The S&P 500 fell 2.1 percent and finished at 2,762.13, with energy as the worst-performing sector. The Nasdaq composite plunged 1.96 percent to 7,240.95 as a decline in Apple and Alphabet offset a strong gain in Amazon shares. The Dow posted its ... (full story)
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- Tony112
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- Not-KPMG
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Beware of robber banks (RB), bad advisors.
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