This marked the 5th consecutive weekly loss for the S&P 500 as it gave back 2.12%. As of Friday, the S&P 500 closed at 6,368.85, placing the index back where it was at in August of last year.

Markets moved lower for a fourth straight week: The S&P 500 fell about 1.9%, with similar declines in the Nasdaq and Dow.

Emerging Markets and the Dow dropped by 2%, the S&P 500 fell by 1.6% and the Nasdaq came out as the best of the worst with a loss of 1.26%.

For the domestic market, investors took a more risk off sentiment as the Dow dropped 3%, the S&P 500 fell 2%, and the Nasdaq lost 1.2%.