50.9 F
Fort Worth
Sunday, April 11, 2021

Dow closes down 390 points, markets complete worst-ever two-week start to year

U.S. stocks plunged again Friday, completing the worst two-week start to a year ever.

The market was rattled by yet another tumble in the price of oil that slammed energy companies and on a government report showing a dip in retail sales.

The price of oil sank below $30 a barrel and is trading at the lowest level since 2003.

The Dow Jones industrial average fell 390 points, or 2.4 percent, to close at 15,988. The Standard & Poor’s 500 index fell 44 points, or 2.3 percent, to 1,876. The Nasdaq fell 126 points, or 2.7 percent, to 4,488.

The Dow and the S&P 500 are both down 8.2 percent since the beginning of the year. The Nasdaq is down 10.4 percent.

Get our email updates

Related Articles

Our Digital Sponsors

Stay Connected

7,426FansLike
1,942FollowersFollow
11,830FollowersFollow
93SubscribersSubscribe

Join Our Newsletter

Latest Articles