S&P 500 Sheds $1.1 Trillion In Market Cap Over Week

By Anora MahmudovaMarketWatch Pulse

The S&P 500 dropped 64.84 points, or 3.2% on Friday and lost 5.8% of its value over the past week, settling at 1,970.89. The brutal selloff wiped $1.1 trillion off its market value over the week, according to FactSet.

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