Tampa_Bay
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- Apr 19, 2022
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Dow Sinks 981 Points, as Wall St Ends 3rd Losing Week
Stocks plummeted Friday as the sharp, recent surge in interest rates weighed on Wall Street.
Wall Street slumped to a lower close on Friday, ending a whipsaw week of surprise earnings news and increased certainty around aggressive near-term interest rate rises, which also pushed them into negative territory for the week.
It was the third straight week of losses for both the S&P 500 and the Nasdaq, while the Dow Jones posted its fourth weekly decline in a row.
Thanks a lot Senile Joe, your incompetance is destroying America