US stocks crumble in the worst weekly drop in years

Author: Adam Button | Category: News

Absolute rout

It was the worst week for the S&P 500 since August 2011 and the worst week for the Dow Jones Industrial Average and Nasdaq since 2008.

One the day:

  • S&P 500 -2.1%
  • Nasdaq -3.0%
  • DJIA -1.8%

On the week:

  • S&P 500 -7.05%
  • Nasdaq -8.4%
  • DJIA -6.9%

The Nasdaq is now down 22.5% since the August high. What a rout.

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