NBC News: Market craters for 7th-straight day to close out worst week since 2008
Markets are currently pricing in a rate cut at the next Fed meeting, a dramatic turnaround from the consensus just a few weeks ago.
The AP says, “the Dow has now fallen to 25,409 — that’s more than 4,100 points, or 13 percent, below the record high it hit on Feb. 12.”
⚡️ This was the worst week for stocks since the 2008 financial crisis https://t.co/IkhHMzNtyk
— CNBC (@CNBC) February 28, 2020