Stocks sank again as a speculative frenzy over GameStop and a handful of other stocks ramps up worries over how much damage an online revolt against Wall Street bigwigs can do to the broader market. The S&P 500 fell 1.9%, giving the index its biggest weekly loss since October. GameStop soared nearly 70% Friday, continuing a saga that’s captivated and confused many on Wall Street and beyond.
The S&P 500 fell 73.14 points, or 1.9%, to 3,714.324.
The Dow Jones Industrial Average fell 620.74 points, or 2%, to 29,982.62.