Dow's Nearly 300-point Tumble Marks Second-worst Friday In 2015

By MarketWatch Pulse

U.S. stocks got hammered Friday, but The Dow Jones Industrial Average really took it on the chin. The Dow suffered its second-worst Friday drop in 2015 on a point and percentage basis, according to Dow Jones data. Blue-chips tumbled 289 points, or 1.7%, to finish at 16,384.79, registering their worst close since Aug. 21, when the Dow plunged by 530 points, or 3.1%, to 16,459.75, fueled by worries about China's sluggish economy. This time around the stock-market rout was inspired by the Federal Reserve's decision to leave rates unchanged due to concerns about emerging-market economies like China. The other main indexes didn't fare much better. The S&P 500 lost 32.12 points, or 1.6%, to close at 1,958.08, while the Nasdaq Composite Index gave up 66.72 points, or 1.4%, to end the week at 4,827.23.

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