US Stock Exchange continues to lose for 4 week
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| US Stock Exchange continues to lose |
Wall Street ended Friday, April 22nd, sharply lower, ending a volatile week that saw surprising results for companies and increasing certainty about sharp interest rate increases in the near term, which also pushed it to decline this week.
This was the third consecutive week of losses for both the S&P500 and the Nasdaq, while the Dow Jones recorded its fourth consecutive weekly decline, as the Dow Jones index fell during the week by 1.9%, the S&P500 fell by 2.8%, and the Nasdaq lost 3.8% of its value.
The three indices traded down more than 2% for most of the afternoon Friday, April 22nd.
The Standard & Poor's 500 index fell 121.68 points, or 2.77%, to 4271.84 points, and the Nasdaq Composite Index fell 335.09 points, or 2.54%, to 12839.56 points.
The Dow Jones Industrial Average fell 973.22 points, or 2.80%, to 33819.54 points.