The Dow and the S&P 500 fell for an eighth day on Friday, as a dramatic late-day comeback stalled out to cap the worst week ever for the S&P 500 amid more anxiety about the condition of credit markets and the
threat of a global recession.
Based on the latest available data, the Dow Jones industrial average was down 128.00 points, or 1.49 per cent, to end unofficially at 8,451.19. The Standard & Poor's 500 Index dropped 10.70 points, or 1.18 per cent, to close unofficially at 899.22.
The Nasdaq Composite Index inched up 4.39 points, or 0.27 per cent, to finish unofficially at 1,649.51.
For the week, both the Dow and the S&P 500 finished down 18 per cent, while the Nasdaq unofficially slid 15.3 per cent.
Reuters