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.

Source: Cnn.News

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