It was a terrible week for the US stock market. The three major stock indexes posted their worst weekly percentage drops since the financial crisis as coronavirus fears mounted.
- The Dow closed 357 points, or 1.4%, lower, on its seventh day in the red. At its worst, the index was down nearly 1,086 points. The index dropped 12.4% this week.
- The S&P 500 finished down 0.8%. For the week, it dropped 11.5%.
- The Nasdaq Composite closed flat, falling 10.5% on the week.
All three major stock benchmarks recorded their worst week since October 2008.