12 February 2001, 10:01 Nasdaq ends down 3.56% on economic worries, down 7% for the week
New York--Feb. 9--The Nasdaq Composite index spiraled lower, ending
the week down 7%, as investors worried that it may take more than a couple
of quarters for the economy to recover. The broader market also retreated
amid weakness in large-cap technology stocks. The Nasdaq closed down
91.09, or 3.56%, to 2470.97 and the Dow was down 99.10, or 0.91%, to
10,781.45. The S&P 500 was down 17.77, or 1.33%, to 1314.76.
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