WallStreet tumbles, indexes post biggest weekly losses since March

The DowJones Industrial Average fell 558.72 points, or 2.24 percent, to 24,388.95, the S&P 500 lost 62.87 points, or 2.33 percent, to 2,633.08 and the Nasdaq Composite dropped 219.01 points, or 3.05 percent, to 6,969.25.
Wall Street’s main indexes fell more than 2 percent on Friday in a broad sell-off led by declines in big Internet and technology #shares, and posted their largest weekly percentage drops since March as concerns over US-China trade tensions and interest rates convulsed Wall Street.

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Posted in: Indian Market Tips