Weekly Droll: Stocks Fall For Third Straight Week As Fed Outlook Rattles Wall St.

By Jesse Cohen

Investing.com – Stocks on Wall Dual carriageway fell in one more volatile session on Friday as the continuing sell-off in the major abilities shares dragged the major averages to their third weekly loss in a row.

The declined 244 beneficial properties, or 0.9%, to 27,657.

The dropped 1.1% to pause at 3,319, while the additionally fell 1.1%, closing at 10,793.

One of the principal principal averages slumped for a third straight week after the Federal Reserve pledged to protect interest charges low for a truly very lengthy time but gave no modern hints about to any extent further stimulus measures.

The S&P 500 lost 0.7%, the Nasdaq dropped 0.6%, while the Dow posted a minute tumble of about 0.1%.

Shares of the major tech companies, such as Apple (NASDAQ:), Amazon (NASDAQ:), Microsoft (NASDAQ:), Google (NASDAQ:), Fb (NASDAQ:), and Netflix (NASDAQ:), continued to wrestle, with each shedding spherical 5% this week.

For the month, all six shares are down as a minimal 10%, with Apple faring the worst – off 17.2%.

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