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Nasdaq dives 4% to finish its worst month since the Great Recession

Losses for technology stocks accelerated on Wall Street Friday, pushing the Nasdaq composite to its biggest monthly loss since the 2008 financial crisis. 

In a day of brutal selling, the Dow Jones Industrial Average fell 939 points, or 2.8 percent, ending April down nearly 5 percent for the month.

The S&P 500 notched its worst month since the beginning of the pandemic, losing 3.6 percent on Friday and nearly 9 percent since March.

But it was the tech-heavy Nasdaq that saw the most punishing losses, led by a 14 percent plunge in Amazon shares, marking the online retail giant’s steepest one-day drop since 2006.

The Nasdaq ended the session down 4.2 percent on the day and 13 percent in April, its worst monthly performance since the Great Recession. 

The Nasdaq ended the session…


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