SWS Market Update - April 29, 2022
U.S. stocks dropped on Friday which made April the worst month for the Nasdaq Composite in more than ten years. The benchmark index fell 4.7% to 12334.64 on Friday, down 13% for the month, and is down 21% for 2022. The S&P 500 went down by 3.63% to close at 4131.93 on Friday and was down 8.8% in April. The S&P 500 is down 13% in 2022. The Dow Jones Industrial Average fell 2.77% to close at 32977.21 on Friday and dropped 4.9% in April and is down over 9% for the year so far. E