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18 Dec 2015
US stocks close the week lower
FXStreet (Córdoba) - US stocks extended the decline on Friday, with three main indexes closing the week lower, weighed by lingering softness in oil prices amid low liquidity.
The Dow Jones Industrial Average fell 368.59 points, or 2.10%, to 17,128.39, its largest one-day decline in over three months, and lost 0.8% over the week. The S&P 500 dropped 36.41 points, or 1.78%, to 2,005.46 and closed down 0.3% the week. The Nasdaq Composite lost down 79.47 points, or 1.59%, to 4,923.08 and ended the week 0.2% lower.
Financial stocks led the declines while transportation and industrials stocks tumbled.
The Dow Jones Industrial Average fell 368.59 points, or 2.10%, to 17,128.39, its largest one-day decline in over three months, and lost 0.8% over the week. The S&P 500 dropped 36.41 points, or 1.78%, to 2,005.46 and closed down 0.3% the week. The Nasdaq Composite lost down 79.47 points, or 1.59%, to 4,923.08 and ended the week 0.2% lower.
Financial stocks led the declines while transportation and industrials stocks tumbled.