The market slumped to its second-biggest weekly loss of the year Friday, breaking six consecutive weeks of gains. Fears that the holiday shopping season will be a dud tanked retail stocks.
For Friday:
The Dow Jones industrial average fell 202.83 points, or 1.2 per cent, to 17,245.24.
The Standard & Poor's 500 index gave up 22.93 points, or 1.1 per cent, to 2,023.04.
The Nasdaq composite index slipped 77.20 points, or 1.5 per cent, to 4,927.88.
For the week:
The Dow skidded 665.09 points, or 3.7 per cent.
The S&P 500 retreated 76.16 points, or 3.6 per cent.
The Nasdaq gave up 219.24 points, or 4.3 per cent.
For the year:
The Dow is down 577.83 points, or 3.2 per cent.
The S&P is down 35.86 points, or 1.7 per cent.
The Nasdaq is up 191.83 points, or 4.1 per cent.
This content appears as provided to The Globe by the originating wire service. It has not been edited by Globe staff.