US: Dow slumps again to finish worst week since October 2008
[NEW YORK] Wall Street stocks suffered another downbeat session on Friday to conclude the worst week since the 2008 financial crisis amid worries the coronavirus will derail global economic growth.
The Dow Jones Industrial Average finished at 25,409.36, down 1.4 per cent, but about 725 points above its session lows.
The broad-based S&P 500 shed 0.8 per cent to 2,954.22, while the tech-rich Nasdaq Composite Index ended essentially flat at 8,567.37.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Middle East-linked energy supply shocks put Asean Power Grid back in focus
‘We’re not a bubble tea brand’: Chagee aims to double Asia-Pacific footprint to 600 stores by 2027
Meet the women who run one of Singapore’s most trusted hotel brands
Family office for US$12 billion Tetra Pak Fortune exits Hong Kong