Dow and Nasdaq weekly declines are the largest since March
The US stock market is closed for the day and the week and it was not a great day and an even worse close for the week. The Dow and the Nasdaq's weekly declines are the largest since March. The S&P closed down over 10% from the September 20 closing high.
The final numbers for the day show:
- The S&P index -17.37 points or -0.66% at 2632.56
- The Nasdaq index fell -33.267 points or -0.48% at 6938.98
- The Dow closed down -178.74 points or -0.73% at 24285.94
For the week:
- The S&P index closed down -3.58%
- The NASDAQ closed down -4.41%
- The Dow closed down -3.97%
Year to date, the Dow and S&P moved into the red this week:
- The S&P index is down -1.54%
- The NASDAQ is still up 0.52%
- The Dow is down -1.75%