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Yo_Mama_Been_Loggin

(108,003 posts)
Fri Dec 28, 2018, 09:03 PM Dec 2018

Dow closes lower, ending a volatile week on Wall Street

The Dow Jones Industrial Average closed slightly lower Friday as Wall Street concluded a roller-coaster week.

The 30-stock index ended the day down 76 points at 23,062. At its high of the day, it rose as much as 243 points and also fell as much as 155 points. The S&P 500 closed 0.1 percent lower at 2,485, led by losses in the energy sector, after rising as much as 1.2 percent. The Nasdaq eked out a gain of 0.1 percent to end at 6,584 but closed well off its session high. Gains in Apple, Amazon and Netflix lifted the tech-heavy Nasdaq.

For the week, the major averages all rose at least 2.75 percent, notching their first weekly gain in four. Stocks are still, however, on track for their worst December performance since 1931. The S&P 500 was down 9.9 percent for the month while the Dow has lost 9.7 percent.

Friday's moves took place after the Dow closed 260 points higher on Thursday, erasing a 611-point loss. That reversal marked the 30-stock index's biggest intraday turnaround in eight years. The S&P 500 also posted solid gains after declining more than 2 percent while the Nasdaq erased a 3 percent loss.

https://www.msn.com/en-us/money/markets/stocks-turn-higher-as-roller-coaster-week-winds-down/ar-BBRvDIL

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Dow closes lower, ending a volatile week on Wall Street (Original Post) Yo_Mama_Been_Loggin Dec 2018 OP
Biggest down year since 2008 edhopper Dec 2018 #1
Hopefully as bad or worse as ours Yo_Mama_Been_Loggin Dec 2018 #2
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