
Nasdaq reenters a bear market at the end of a miserable week – CNN
The Dow fell 370 points in the closing hour, after rising as much as 394 points earlier in the morning. The S&P 500 fell 1.9%, and the Nasdaq plummeted 2.9%. Technology stocks fell Friday on continued negative sentiment about the US-China trade relationship, regulation and a general adversity to risk. Facebook (FB) fell 7%, Apple (AAPL) fell 4%, Twitter (TWTR) was down 7% and Netflix (NFLX) fell 6%.All three major indexes are down sharply on the week and more than 10% in December. Through Thursday, the Dow had lost 1,240 points this week and 2,679 points in December. Stocks are on pace for the worst December since the Great Depression, and the Nasdaq briefly entered a bear market Thursday before tumbling back there Friday.Oil, the Russell 2000, the Dow transports index, and stock ma...