Dow Posts Worst Week in Over 4 Years
Stocks stumbled in the final session of a tumultuous week as the yen rallied against the dollar and concerns about the U.S. economy still dogged investors after Tuesday's huge drop. The Dow Jones industrials logged their worst weekly performance in more than four years.
The Dow on Friday, as it had the day before, poked tentatively into positive territory Friday before retreating as the yen furthered its gains and investors failed to shake their unease.
Larger economic concerns such as the ascendent yen have dominated Wall Street for much of the week after Tuesday's worldwide selloff that sent the Dow down 416 points and rattled investor confidence about the state of the U.S. economy.
The Dow on Friday, as it had the day before, poked tentatively into positive territory Friday before retreating as the yen furthered its gains and investors failed to shake their unease.
Larger economic concerns such as the ascendent yen have dominated Wall Street for much of the week after Tuesday's worldwide selloff that sent the Dow down 416 points and rattled investor confidence about the state of the U.S. economy.
posted by Stock Administrator @ 2:24 PM
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