Dow dives 400 points to end its worst week in 10 years

Read? Dow dives 400 points to end its worst week in 10 years


Here's a tally of the carnage:

The Dow lost 6.8 percent and 1,655 points on the week. It was its worst percentage drop since October 2008.

The Nasdaq lost 8.3 percent on the week and is now 22 percent below its record reached in August, a bear market.

The S&P 500 lost 7 percent for the week and is now down 17.8 percent from its record.

The Dow and S&P 500, which are both in corrections, are on track for their worst December performance since the Great Depression in 1931, down more than 12 percent each this month.

Both the Dow and the S&P 500 are now in the red for 2018 by at least 9 percent.


The selling had conviction. More than 12 billion shares changed hands on U.S. exchanges on Friday, the heaviest volume in at least two years. The expiration of options also added to the volume.