Stock Market Today: March 22, 2019
Harvey S. Katz, CFA and Robert Mitkowski | 03/22/2019
Stocks fell sharply to close the week on concerns over the health of the global economy. At the close, the Dow Jones Industrial Average dropped 460 points; the NASDAQ lost 196 points; and the S&P 500 sank 54 points. Market breadth affirmed the weakness on the major averages, as declining stocks easily outpaced advancing issues. Today’s troubles started overseas, where data showed an index of German manufacturing fell to its lowest level since 2012.