Dow, S&P, Nasdaq tumble 1% in choppy end to losing week

  • Dow, S&P, Nasdaq tumble 1% in choppy end to losing week

    U.S. stocks reversed all gains on Friday to close lower across the board despite the solid monthly jobs report for August in which employers added 315,000 workers. For the week, the S&P 500 and Dow Jones Industrial Average fell 3% a piece, while the tech-heavy Nasdaq Composite lost 4.2%. Financial markets are closed on Monday in observance of Labor Day.

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