Almost 30% decrease in the US index S&P 500!
On Wall Street on Friday, stock indices weakened over time. S&P 500 ended the session around -4.34 percent, although the beginning of the session looked promising for American blue chips. Dow Jones Industrial Average, which grew by approx. 2 percent at the beginning of the session, it ended over -4.5 percent under the line.
Trading at Friday's session began with a mood swings, initially the index of five hundred largest companies rose by 1.4 percent. to drop a moment later by 1.3 percent Morning volatility did not make much impression, comparing it, even to the fluctuations from previous sessions.
After dark, everything became blunt, the indices could no longer fight excessive supply, which proved to be stronger. The bears accepted the challenge of overcoming the minima from the end of 2018. Thus, the day ended with record lows. It is best to make us aware of the 5-year chart, which I put below.