Dow Plummets 530 Points

From Barron's:

Stocks closed sharply lower, with the Dow Jones Industrial Average clocking in its worst weekly performance in over a year.

The Dow Jones Industrial Average fell 530 points, or 1.4%, while the S&P 500 lost 1.2% and the tech-heavy Nasdaq Composite lost 1.4%.

All three indexes were in the green for most of the day.

Thursday's drop from session highs was the biggest blown gain for all the three indexes since mid-2023, according to Dow Jones Market Data.

Oil prices hit their highest level since October.

Very troubling.