Wall Street tumbles on emerging market concerns
January 24, 2014 4:14 PM ET
NEW YORK (Reuters) - Stocks dropped for a second day on Friday and the S&P 500 posted its worst week since June 2012 as a selloff in emerging market assets fed through to wholesale pullbacks in equities.
The Dow Jones industrial average was down 318.24 points, or 1.96 percent, at 15,879.11. The Standard & Poor's 500 Index was down 38.15 points, or 2.09 percent, at 1,790.31. The Nasdaq Composite Index was down 90.70 points, or 2.15 percent, at 4,128.17.
(Reporting By Angela Moon; Editing by Nick Zieminski)
(c) Copyright Thomson Reuters 2014. Check for restrictions at: http://about.reuters.com/fulllegal.asp
No comments:
Post a Comment