Stocks: Worst week of the year
NEW YORK (CNNMoney) -- U.S. stocks stumbled Friday, following a two-day rally, closing lower for a second straight week with the worst declines of the year.
The Dow tumbled 1.6%, while the S&P 500 sank 2% and the Nasdaq lost 2.3%.
At the start of the week,stocks were driven sharply lower by the ugly March jobs report and fresh worries about Europe's debt crisis. They rebounded a bit toward the middle of the week, but fell sharply again Friday as a slowdown in China's economy overshadowed a batch of better-than-expected earnings results.
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The Dow tumbled 1.6%, while the S&P 500 sank 2% and the Nasdaq lost 2.3%.
At the start of the week,stocks were driven sharply lower by the ugly March jobs report and fresh worries about Europe's debt crisis. They rebounded a bit toward the middle of the week, but fell sharply again Friday as a slowdown in China's economy overshadowed a batch of better-than-expected earnings results.
http://andy67.podomatic.com/
http://www.facebook.com/pages/Alternative-news-talk/261646303871012
https://twitter.com/#!/alternewstalk
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