Business

The S&P 500 Suffers Worst Week in 2 Years

Markets ended the day lower across U.S. indexes—and sectors—Friday—but avoided the kind of steep selloff we saw Thursday. The S&P 500 saw its steepest weekly drop in two years. The Dow and the Nasdaq also finished lower. On this jobs report Friday—job growth in July showing a slowdown but the recovery appears robust. The economy added 209,000 jobs—marking six months of strong gains.

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