U.S. stocks sold off on Friday despite stronger-than-expected retail sales data. The S&P 500 and Dow industrials posted their third consecutive weekly declines. The S&P 500 closed down 17.62 points, or 0.9%, to 2,046.49 and booked a 0.5% weekly loss. The Dow Jones Industrial Average dropped 185.18 points, or 1.1%, to 17,535.32 and ended the week 1.2% lower. Meanwhile, the Nasdaq Composite ended the session down 19.66 points, or 0.4%, at 4,717.68 and recorded a 0.4% weekly drop, its fourth in a row.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News