• S&P, Nasdaq wrap worst week since March 2020

  All three of the major U.S. averages closed at the lows of the session on Friday with the Nasdaq Composite falling 7.6% for the week, while the S&P 500 lost nearly 6%, the worst weekly percentage drop since March of 2020 for both. The Dow Jones Industrial Average's 4.6% decline was the worst since October 2020. In commodities, oil fell over 2% to $85.14.

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