US stocks closed lower Friday, extending a slump that left Wall Street with its worst week since April. The losses came as businesses around the world scrambled to contain the.
US stocks closed lower Friday, extending a slump that left Wall Street with its worst week since April. The losses came as businesses around the world scrambled to contain the effects of a disruptive technology outage. Cybersecurity firm CrowdStrike sank after saying the issue believed to be behind the global outage affecting flights, banks, and medical offices lay in a faulty update it sent to computers running Microsoft Windows, per the AP.
It was only Tuesday that the S&P 500 set its latest all-time high.
