The stock market had a really bad day on Friday! It was the worst day of the year so far. This happened just after the market reached a record high a couple of days before. Many people are worried about what this means for the economy.
- Bad news about how people feel about the economy made stocks go down.
- Fewer houses were sold than expected.
- The service industry, a big part of the US economy, isn't doing so well.
| What Happened | Numbers |
|---|---|
| Dow Jones lost | 1,200 points in two days |
| Consumer sentiment | Very low – 64.7 |
| Existing home sales | 4.08 million (lower than expected) |
