The S&P 500 is down 13.8 percent in 2022, the worst year-to-date performance since World War II

Wall Street
(Image credit: aluxum/iStock)

The stock market plunged on Friday, with the Dow Jones industrial average down 939.18 points, or 2.8 percent, The Washington Post reported.

Tech stocks were particularly hard hit, with the Nasdaq down 4.2 percent. Amazon shares fell by around 14 percent. Netflix, which peaked at over $700 per share last year, continued its free-fall, closing out the week at around $190 a share.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us
Grayson Quay

Grayson Quay was the weekend editor at TheWeek.com. His writing has also been published in National Review, the Pittsburgh Post-GazetteModern AgeThe American ConservativeThe Spectator World, and other outlets. Grayson earned his M.A. from Georgetown University in 2019.