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Stocks Jump and Dip as Markets Slump in Volatile Week
U S stocks swung Friday with the Dow dropping as much as 283 points and finishing 77.76 lower at 8533.65, amid a global crisis ripple. The Nasdaq slid 34.84 to 1797.61 while banks like J P Morgan American Express and Travelers Group fell, as fear of Asia’s crisis spreading to Latin America and a Russia banking scare spurred volatility. The session followed U S strikes in Afghanistan and Sudan, intensifying uncertainty about the economy and geopolitical risks.
MENTIONED IN THIS ARTICLE
New York
Dow
Asia
Russia
Latin America
J.P. Morgan
American Express
Travelers Group
Japan
U.S
Afghanistan
Sudan