U.S. stocks end mostly up Friday but week down sharply

NEW YORK (MarketWatch) — U.S. stocks finished mostly higher Friday, but posted steep weekly losses, as the market digested a big jump in the unemployment rate in August which confirmed this week’s bleak views on both the U.S. and the global economy. The Dow Jones Industrial Average gained 32 points, or 0.3%, to end at 11,220 Friday. But the Dow lost 2.8% on the week. The S&P 500 index dipped 5 points, or 0.4%, to end at 1,242, while the Nasdaq Composite fell 3 points, or 0.1%, to end at 2,255. For the week, the S&P 500 fell 3.2% and the Nasdaq lost a steep 4.7%.
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Original post by Forextvblog

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