SA: Dow drops 900 points, S&P 500 falls 3.6%, Nasdaq records biggest monthly loss since 2008

SEEKING ALPHA reports:

Wrapping up a volatile week and a dreary month for the U.S. equity markets, stocks finished Friday’s session sharply lower. The Nasdaq led the retreat, falling more than 4% amid a negative reaction to the lates round of tech earnings.

The buy-the-dip crowd abandoned the market on the last day of April, with stocks pushing steadily lower throughout the session.

The Nasdaq led the retreat, finishing -4.2%, dragged down in part by Amazon’s plunge on earnings news. As a result, the index notched worst monthly loss since the Financial Crisis.

Looking at the other major averages, the S&P (SP500) finished -3.6% and Dow (DJI) ended -2.7%…

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