Wall Street finishes Friday off its lows
Wall Street’s Friday sell-off was not as bad as some had feared, with the Dow Jones Industrial Average working off a good part of its 500 point morning loss.
By the closing bell, the Dow was still down 312 points, a 3.6 percent Friday loss, closing at 8379. For the week, the Dow fell 5.4 percent. The S&P500 Index lost 7 percent in weeklong trading, while the Nasdaq Composite Index fell 9 percent this week.
Friday’s selloff followed even steeper one day losses for major markets in Asia and in Europe free credit report without a credit card. In London, the FTSE100 Index fell 5 percent Friday. Tokyo’s Nikkei 225 fell 9.6 percent Friday.
The S&P500 Index is now down just over 40 percent this year.
Commodity prices also continued to fall, with crude oil futures in New York dropping below $65 a barrel.