Archive

Dow Suffers Worst Week This Year

AVERAGE BELOW AVERAGE

Driven by JPMorgan Chase loss.

cheats/2012/05/12/dow-suffers-worst-week-this-year/dow-down-wall-street-cheat_gnoybz
Richard Drew / AP Photo

The Down Jones industrial average closed its worst week this year Friday, falling 1.7 percent overall, the worst decline since January. Much of that activity—83 percent of it, in fact—was attributable to a drop in JPMorgan Chase stock after the bank announced it had lost $2 billion in a series...

For a limited time—$29 unlocks this article (and a year of coverage) during our Election Sale.

Don't miss this subscriber exclusive article. 

Got a tip? Send it to The Daily Beast here.