Photo: Getty ImagesNew York: Wall Street ended its worst week in a decade with more bruising losses on Friday, and with the tech-rich Nasdaq entering a bear market amid worries about trade wars and US government shutdown. The Dow Jones Industrial Average finished the week with a loss of nearly 7%, after losing 1.8%, or more than 400 points, on Friday, to close at 22,445.37. Markets elsewhere were mixed, with European bourses flat or rising slightly, while Tokyo slid. Investors received another jolt in the final hour of trading when White House advisor Peter Navarro delivered hardline comments on the ongoing trade talks with China. “We are in a fragile environment,” said Gregori Volokhine of Meeschaert Financial Services.
Source: Mint December 22, 2018 09:30 UTC