After trading in a 1000-point range that had it down nearly 700 points after the opening bell, the Dow Jones Industrial Average closed down 128 points (1.5%) at 8451, down nearly 1900 points (18.2%) for the week. That's eight consecutive losing sessions (down 2400 points), and seven consecutive triple-digit losses. The broader S&P 500 declined 10.6 points (1.2%) to finish at 899.3, giving it a weekly loss of 18.2%.
But you know who is doing WAY worse than the overall market? Blackstone. They closed today at $8 a share, down an amazing 74% from their offering price of $31 just over one year ago.
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