New York – Wall Street Ends Down; S&P Has Worst Week Since 2012

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    New York – Stocks ended lower on Friday as jobs data suggesting the Federal Reserve has room to keep interest rates low for some time was offset by lingering concern over Argentina’s default.

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    The Dow Jones industrial average < .DJI> fell 68.97 points, or 0.42 percent, to 16,494.33, the S&P 500 < .SPX> lost 5.29 points, or 0.27 percent, to 1,925.38, and the Nasdaq Composite < .IXIC> dropped 17.13 points, or 0.39 percent, to 4,352.64.

    For the week, the Dow is down 2.8 percent, and the Nasdaq is down 2.2 percent. The S&P is down 2.7 percent, its biggest weekly decline since the week ending June 1, 2012.


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