What’s happening On Friday, the Dow Jones Industrial Average DJIA, -1.30% tumbled 340 points, or 1%, to 35029, the S&P 500 SPX, -1.89% fell 1% to 4533 and the Nasdaq Composite COMP, -2.72% lost 1.2% to 14340. This year, the S&P 500 has dropped 8%.
“Uncertainty reigns following last week’s sell-off and ahead of an extremely busy agenda this week,” said Pierre Veyret, technical analyst at ActivTrades.