Market Snapshot: Dow poised to skid lower to end Fed week, mark 5th straight drop
U.S. stocks opened sharply lower Friday, with the Dow and S&P 500 index headed for weekly declines, as investors continued to digest the Federal Reserve’s updated outlook for the economic recovery from COVID and inflation. Friday also marks quadruple witching day, which is the simultaneous expiration of single-stock options, single-stock…