U.S. stocks declined for a second day Friday, with the S&P 500 closing out its worst week in two years. Investors found little reason to move money into a stock market, with growing geopolitical concerns in Israel and Ukraine and concerns about U.S. corporate earnings, particularly in the energy sector.
The Dow Jones industrial average fell 69.93 points, or 0.4 percent, to close at 16,493.37.
The Standard & Poor’s 500 index lost 5.52 points, or 0.3 percent, at 1,925.15.
The Nasdaq composite fell 17.13 points, or 0.4 percent, to 4,352.64.
For the week:
The Dow lost 467.20 points, or 2.8 percent.
The S&P 500 fell 53.19 points, or 2.7 percent.
The Nasdaq lost 96.92 points, 2.2 percent.
For the year:
The Dow is down 83.29 points, or 0.5 percent.
The S&P 500 index is up 76.79 points, or 4.2 percent.
The Nasdaq is up 176.05 points, or 4.2 percent.
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