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How main US inventory indexes fared Friday


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How main US inventory indexes fared Friday

Wall Street closed out the worst week for stocks since October 2008 Friday with more heavy selling, though a last-minute flurry of buying kept the market from another steep plungeFebruary 28, 2020, 9:51 PM2 min read Wall Street closed out the worst week for stocks since October 2008 Friday with more heavy selling, though a…

How main US inventory indexes fared Friday

Wall Avenue closed out the worst week for stocks since October 2008 Friday with extra heavy selling, though a closing-minute flurry of searching for out kept the market from one more steep descend

February 28, 2020, 9: 51 PM

2 min be taught

Wall Avenue closed out the worst week for stocks since October 2008 Friday with extra heavy selling, though a closing-minute flurry of searching for out kept the market from one more steep descend.

Bond prices soared as buyers sought safety, pushing yields to document lows. The inventory swoon was driven by apprehension that the coronavirus outbreak will derail the worldwide economic system.

On Friday:

The Dow fell 357.28 facets, or 1.4%, to 25,409.36.

The S&P 500 slid 24.54 facets, or 0.8%, to 2,954.22.

The Nasdaq rose 0.89 facets, decrease than 0.1%, to eight,567.37.

The Russell 2000 index of smaller firm stocks lost 21.44 facets, or 1.4%, to 1,476.43.

For the week:

The S&P 500 fell 383.53 facets, or 11.5%.

The Dow dropped 3,583.05 facets, or 12.4%.

The Nasdaq slid 1,009.22 facets, or 10.5%.

The Russell 2000 lost 202.18 facets, or 12%.

For the year:

The S&P 500 is down 276.56 facets, or 8.6%.

The Dow is down 3,129.08 facets, or 11%.

The Nasdaq is down 405.24 facets, or 4.5%.

The Russell 2000 is down 192.04 facets, or 11.5%.

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