U.S. stocks ended Friday with mixed results as major indexes extended the whipsaw moves that have injected fresh volatility into markets this week.
The S&P 500 as of 4 p.m. ET was up about 0.2%, while the Dow Jones Industrial Average slipped 0.1%, about 38 points. The Nasdaq Composite rose 1.4%.
But even with the Friday increases, stocks finished the week with sharp losses. The S&P 500 fell 5.8% for the week, its largest decline since the Covid pandemic roiled markets in March 2020.
The once-hot crypto market also had a crazy week, reinforcing investors’ concerns that there is nowhere to hide from the current market turmoil. One of the largest crypto lending platforms, Celsius Network LLC, told customers on Sunday it was pausing all withdrawals. The anxiety spread quickly throughout the sector. Companies like Coinbase announced big layoffs and prices for bitcoin and…
