S&P 500 drops for 7th day, posts biggest weekly fall since 2008 crisis

The Dow Jones Industrial Average fell 356.88 points, or 1.39 per cent, to 25,409.76, the S&P 500 lost 24.7 points, or 0.83 per cent, to 2,954.06

Dow Jones
Reuters New York
1 min read Last Updated : Feb 29 2020 | 3:24 AM IST
The S&P 500 fell for the seventh straight day on Friday and the benchmark index suffered its biggest weekly drop since the 2008 global financial crisis on growing fears the fast-spreading coronavirus could lead to a recession, although stocks cut losses at the end of the day's session.

The Dow Jones Industrial Average fell 356.88 points, or 1.39 per cent, to 25,409.76, the S&P 500 lost 24.7 points, or 0.83 per cent, to 2,954.06 and the Nasdaq Composite added 0.89 points, or 0.01 per cent, to 8,567.37.

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Topics :S&P 500

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