S&P falls 19%, Nasdaq -33%, Dow -8%

  • S&P falls 19%, Nasdaq -33%, Dow -8%

    U.S. stocks closed lower on Friday rounding out the worst year for stocks since 2008 as investors wrestle with sky-high inflation and a recession that could deepen in 2023. In commodities, oil fell 6.7% this year to $80.26 per barrel amid volatility plagued by Russia-Ukraine and China.

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