In an historic week, the markets posted declines as the Dow Jones Industrials fell more than 1,800 points to finish below 9,000 and the major indices were saddled with sharp double-digit percentage declines.
The Dow Jones Industrial Average lost 128 points (1.5%) to close at 8,451, the S&P 500 Index fell 11 points (1.2%) to 899, while the Nasdaq Composite rose 4 points (0.3%) to 1,650. Crude oil dropped $8.89 to $77.70 per barrel, and gold ended down $36.10 at $850.40 per ounce. For the week, the DJIA and the S&P 500 Index were down 18.2%, and the Nasdaq Composite fell 15.3%.
Magnificent Seven Update
Weekly Update Of Magnificent Seven ETFs