U.S. stock markets record worst start to the year in history
- 8 years ago
The S&P 500 and Dow industrials posted their worst 5-day start to a year on record on Friday on continued worries that a slowdown in China could damage the global economy, even as U.S. jobs growth was stronger than expected.
For the day, the Dow Jones industrial average .
DJI fell 167.65 points, or 1.02 percent, to 16,346.45, the The weekly declines on the S&P and Dow, 6 percent and 6.2 percent, respectively, were the largest for any week going back to September 2011.
Data from S&P Dow Jones Indices showed the 5-day declines for both indexes were the largest on record to mark the start of the year.
For the day, the Dow Jones industrial average .
DJI fell 167.65 points, or 1.02 percent, to 16,346.45, the The weekly declines on the S&P and Dow, 6 percent and 6.2 percent, respectively, were the largest for any week going back to September 2011.
Data from S&P Dow Jones Indices showed the 5-day declines for both indexes were the largest on record to mark the start of the year.