Stock futures fell sharply on Friday as the S&P 500 headed for its worst week in nearly two months.
The Dow Jones Industrial Average futures dropped by more than 200 points at the open, while the S&P 500 and Nasdaq Composite futures also declined.
The market’s decline comes as investors are worried about rising coronavirus cases, the economic recovery and the upcoming presidential election.
The S&P 500 is on track for a weekly decline of more than 4%, while the Nasdaq Composite is set to close the week with a drop of more than 5%.
The Dow is headed for a weekly loss of more than 3%, while the Russell 2000 is on track for a drop of more than 10%.
The market’s declines come as investors are worried about the economic recovery and the upcoming presidential election.
The market’s losses this week have been driven by a number of factors, including rising coronavirus cases, uncertainty about the U.S. election, and concerns about the long-term economic impact of the pandemic.
The sell-off has been exacerbated by weak economic data, including a disappointing jobs report on Thursday.
The market’s losses this week have also been driven by concerns about the long-term economic impact of the pandemic and the upcoming presidential election.
Investors are also worried about the potential for a contested election and the possibility of a prolonged period of political uncertainty.
The market’s losses this week have been broad-based, with all 11 S&P 500 sectors closing in the red on Friday.
The energy sector was the worst performer this week, with a drop of more than 10%.
The technology sector was also a laggard, with a decline of more than 6%.
The market’s losses this week have been widespread, with all three major indexes closing in the red on Friday.
The Dow Jones Industrial Average closed down more than 400 points, while the S&P 500 and Nasdaq Composite both closed down more than 3%.
The market’s losses this week have been widespread, but investors are still hopeful that the economic recovery will remain on track.
