After Breaking Records For Six Weeks, Stocks Dropped -2.3% Friday
-
-
Published Friday, November 26, 2021 at: 7:42 PM EST
The Standard & Poor’s 500 dropped 2.3% on Friday, its worst one-day loss since February. Only five trading days earlier, the S&P 500 had closed at a record high. Friday’s abrupt reversal occurred after a handful of nations, including the United States, reinstated travel restrictions on visitors coming from southern Africa, a precaution taken to prevent the spread of a new variant of Covid-19. Whether the new variant is prevented by existing vaccines is not yet known. Friday’s loss followed a surge that began at the start of October in which the stock market soared for six weeks. The S&P 500 had...
This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation. Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.
2022
2021
-
Despite Pandemic, Stocks Closed 2021 With A 26.9% Return
-
Tracking The Economic Boom
-
Fed Changes Its Inflation Stance
-
Despite Inflation And Omicron, A Booming Economy
-
The Week's Financial News: Crosscurrents In The Economy
-
After Breaking Records For Six Weeks, Stocks Dropped -2.3% Friday
-
Already Higher Than Ever, Leading Economic Index Surged Again In October
-
Five Observations For Investment Planning For The Decades Ahead
-
Financial Economic Outlook
-
S&P 500 Closed Friday At Record High Again On Strong Earnings Reports
-
With Economic Recovery Intact, Stocks Are Near Record Again
-
Are The Five Stocks Driving The Market's Great Returns Overvalued?
.png)
