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Dow Drops For A Fourth Day In A Row And Down More Than 100 Points

Friday’s stock decline added to this week’s losses as Wall Street struggled once more in August.

By 113 points, or 0.3%, the Dow Jones Industrial Average dropped. The Nasdaq Composite fell 0.9%, and the S&P 500 fell 0.5%. The major averages were all headed for their fourth consecutive daily loss.

The Dow might see its lowest week since March, with a 2.6% decline. The S&P 500, meanwhile, is on track to post losses for a third straight week, a streak that hasn’t occurred since February. For the first time since December, the Nasdaq Composite is also expected to post a third straight negative week.

Source (CNBC)

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