Market Review
U.S. stocks finished the week sharply lower, with the main benchmarks recording their biggest weekly losses in more than two years. For the week, the Dow Jones Industrial Average slumped 5.7 percent, to finish at 23,533.20. The blue-chip index recorded its lowest close of 2018 and is now down nearly 5 percent since the start of the year. The S&P 500 closed at 2,588.26 and recorded a weekly loss of 6 percent. The benchmark index is down 3.2 percent year to date. The Nasdaq fell 6.5 percent for the week to close at 6,992.67. All key S&P sectors finished in the red for the week, dragged by technology. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 24.9. Read MoreYou are currently viewing a placeholder content from X. To access the actual content, click the button below. Please note that doing so will share data with third-party providers.
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