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VOL. 43 | NO. 10 | Friday, March 8, 2019
Stocks mark 1st weekly loss since January
NEW YORK (AP) — Another down day on Wall Street left the S&P 500 with its worst weekly showing since January and its eighth loss in the last nine days.
A disappointing report on hiring by U.S. employers early Friday got trading off to a bad start and was the latest sign of weakness in the global economy.
A day earlier Europe's central bank said it was doing a policy reversal and restoring measures to shore up that region's economy.
Energy companies fell along with the price of crude oil. Exxon Mobil lost 1.2 percent.
The S&P 500 fell 5 points, or 0.2 percent, to 2,743.
The Dow Jones Industrial Average lost 22 points, or 0.1 percent, to 25,450. It was down 220 earlier.
The Nasdaq declined 13 points, or 0.2 percent, to 7,408.