Stocks Fall Again, Face Biggest Weekly Losses Since 2008
Posted on AllSides February 28th, 2020
From The Center
A market storm gathered pace Friday as stock markets around the world sold off and investors struggled to calculate the economic fallout from the coronavirus epidemic.
The S&P 500 fell 1.8%, a day after the biggest percentage drop in U.S. markets since August 2011. The Dow Jones Industrial Average dropped 466 points, or 2%, putting it about 14% below its Feb. 12 record close. The tech-heavy Nasdaq Composite declined 1.9%.
Stock markets in parts of the world worst affected by the virus shed substantial ground. The Stoxx Europe 600 was...
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