Here are 3 reasons why stocks are tanking
Stocks were pummeled on Friday with the Nasdaq slumping more than 4% to post its worst month since 2008. Why things have gotten so bad in Wall Street.
by David Gura
Apr 29, 2022
3 minutes
Stocks sank on Friday, ending what has been a miserable month for markets, especially for Big Tech.
The Dow Jones Industrial Average lost nearly 1,000 points, while the S&P 500 lost more than 3%, with both indexes posting hefty losses for April.
But it was a lot worse for the tech-heavy Nasdaq, which sank more than 4% on Friday and ended down more than 10% for April, its worst month since 2008.
The deep declines reflect a time of deep uncertainty at
You’re reading a preview, subscribe to read more.
Start your free 30 days