The Dow Jones Industrial Average fell another 416 points Friday, capping off a total loss of 1,600 points this week. It's officially the Dow's biggest weekly percentage drop since the 2008 financial crisis, CNBC notes.
The Nasdaq Composite dropped 2.99 percent on Friday, down 22 percent from an August peak. That leaves the Nasdaq officially in a bear market, per The New York Times. It's largely propelled by losses from Amazon, Facebook, and Apple, seeing as the Nasdaq is full of tech stocks.
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