NEW YORK -- Wall Street has capped its worst week ever.
The Dow Jones industrials closed with a relatively mild loss, losing 128 points. The blue chips had an eight-day loss of just under 2,400.
The average had its worst week on record in both point and percentage terms, as did the Standard & Poor's 500 index, which dropped 1.18 percent Friday. The tech-heavy Nasdaq composite index
actually ended the day with a modest advance.
But there are signs that some investors might believe the market is at or near a bottom. Many people are clearly buying. And the Russell 2000 index, which tracks the movements of smaller company stocks, had a 4.66 percent gain Friday.
Small-cap stocks are often first on investors' shopping lists when they think a market turnaround is at hand.
To comment, the following rules must be followed:
Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to email@example.com. Please provide detailed information.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.