Stocks fall in 2022′s final trading session as Wall Street wraps up worst year since 2008
Stocks fell on Friday as investors made their final trades in the worst year for the market since 2008.
The Dow Jones Industrial Average slipped 280 points, or 0.8%. The S&P 500 shed 1.1%, while the Nasdaq Composite dropped 1.4%.
Friday marks the final day of trading of what’s been a painful year for stocks. A volatile bear market, sticky inflation, and aggressive rate hikes from the Federal Reserve battered growth and technology stocks. These factors also weighed on investor sentiment.