After a promising start to morning trading, the major stock indexes turned sharply negative Friday with the S&P 500 tumbling into bear market territory …
After a promising start to morning trading, the major stock indexes turned sharply negative Friday with the S&P 500 tumbling into bear market territory and the Dow Jones Industrial Average setting up for the longest streak of weekly losses since the Great Depression. The Dow was off by 1.6 percent by midday Friday, which brings its weekly decline to 4.11 percent. Barring a dramatic turnaround, this will be the eighth consecutive weekly loss for the index. That would be the longest losing streak since 1932.
