U.S. stocks finish lower to cap off worst week since Silicon Valley Bank collapse

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

U.S. stocks finished lower on Friday, capping off the worst week for the S&P 500 and Nasdaq Composite since the collapse of Silicon Valley Bank back in...

U.S. stocks finished lower on Friday, capping off the worst week for the S&P 500 and Nasdaq Composite since the collapse of Silicon Valley Bank back in March. The S&P 500 SPX, -0.77% shed 33.54 points, or 0.8%, to 4,348.35, bringing its weekly drop to 1.4%, based on preliminary closing data from FactSet.

This represents the large-cap index’s worst week since the week ended March 10, which coincided with the collapse of Silicon Valley Bank following a doomed attempt to raise capital days earlier. The Nasdaq Composite COMP, -1.01% fell 138.09 points, or 1%, to 13,492.52, shedding 1.4% for the week, also the worst since March 10. The Dow Jones Industrial Average DJIA, -0.65% fell 218.02 points, or 0.6%, to 33,728.69, falling 1.7% for the week, its worst in just over a month. U.S.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 3. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

FDIC backstopped Sequoia and other bigger companies when it covered uninsured deposits at Silicon Valley Bank: Bloomberg reportThe Federal Deposit Insurance Co.’s guarantee of uninsured deposits at Silicon Valley Bank benefitted not only thousands of small tech startups, but it also...
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

5 things to know before the stock market opens FridayHere are the most important news items that investors need to start their trading day.
Källa: CNBC - 🏆 12. / 72 Läs mer »