Dow's worst week since 2008 financial crisis; Nasdaq closes in bear market
Source: cnn
By David Goldman, CNN Business Updated 4:20 PM ET, Fri December 21, 2018
New York (CNN Business)The Dow just suffered its deepest weekly plunge since 2008 and the Nasdaq is officially in a bear market.
The miserable performance reflects deepening fears on Wall Street of an economic slowdown and overly-aggressive Federal Reserve.
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The Dow closed 414 points, or 1.8%, lower on Friday. The Nasdaq plummeted 3%, closing in its first bear market since the Great Recession. And the S&P 500 shed 2.1%.
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For the week, the Dow lost 1,655 points, or 6.9%. That's the steepest weekly percentage loss since October 2008. The Nasdaq plunged 8.4% on the week, its worst since November 2008. And the S&P 500's 7.1% weekly loss was the worst since August 2011.
All three major indexes are down more than 12% in December. Stocks are on pace for the worst December since the Great Depression,..
Read more: https://www.cnn.com/2018/12/21/investing/stock-market-today-dow/index.html
down down into a burning Ring of Fire.
= new reply since forum marked as read
everything was great until Pelosi ruined it 
