Dow Down for the Year as Sell-Off Continues
Sunday, October 12, 2014 | Tag Cloud Tags: US Economy | Learn about our FREE SYNDICATION Service | Sign up for our Worthy Briefs!
NEW YORK (Worthy News)– Stocks ended a bloody, turbulent week with a broad-based slump Friday, sending the tech-heavy Nasdaq to its worst weekly losses in 30 months and eviscerating what remained of the Dow Jones industrial average’s 2014 gains, the USA Today reported.
The Dow, down 335 points Thursday in its worst single session performance of the year, fell another 115.15 points to 16,544.10, falling below January’s 16,576.66 open. The Standard & Poor’s 500 dropped 22.08 points, (1%) to finish at 1906.13, falling below a key 1925 support level after Thursday’s 2% slide. –[wp_colorbox_media url=”http://www.usatoday.com/story/money/markets/2014/10/10/stocks-friday/17022819/” type=”iframe” hyperlink=”Source”]
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Tag Cloud Tags: US Economy