Are we on the verge of another market financial crisis, or is it just a market correction. Either way Connecticut based stocks are on a wild ride.Shares of Connecticut-based companies fell across the board Friday.

According to shares of Fairfield-based General Electric (NYSE: GE) were off more than 2 percent to $24.60 at the closing bell Friday, dropping the stock below it’s price last April on the eve of GE announcing the spinoff of Norwalk-based GE Capital.

Stamford's largest cooperate employer was also off 2 percent, stock of Starwood Hotels & Resorts Worldwide (NYSE: HOT). When the market closed Friday it's shares were at $73.17.

Harman International Industries (NYSE: HAR) also based in Stamford saw it's shares drop 5 percent to close at $94.77. Also dropping more than 5 percent was the Greenwich-based logistics brokerage company XPO Logistics (NYSE: XPO); and Genesee & Wyoming (NYSE: GWR), the Darien-based railroad whose cars take cargo to and from ports.

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Things haven't started that much better this week as stocks took another dive on Monday, sending the Dow Jones industrial average down more than 1,000 points in a matter of seconds.

The market recovered some of its losses but was still way down for the day.