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Home > World Business Report > US Stocks Suffer One Of The Worst Weekly Falls In A Decade
Podcast: World Business Report
Episode:

US Stocks Suffer One Of The Worst Weekly Falls In A Decade

Category: Business
Duration: 00:02:38
Publish Date: 2018-12-21 19:07:00
Description: US stocks have suffered one of the worst weekly falls in a decade as trade tensions with China, interest rate rises and a possible government shutdown rattled markets. All three indexes closed lower, with the technology-focused Nasdaq down 20% since its peak, placing it in so-called "bear market" territory. The Dow Jones Industrial Average recorded its biggest weekly drop in percentage terms since 2008, falling by 1.8 per cent today alone. Chris Low of FTN Financial in New York explains how the trading day unfolded.
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