NEW YORK, N.Y. – A late slump Friday pulled U.S. stocks to their third straight weekly loss. Companies that make clothing, food and household goods dropped on more bad news from retailers, and energy companies fell with the price of oil.
The Dow Jones industrial average sank 185.18 points, or 1.1 per cent, to 17,535.32.
The Standard & Poor’s 500 index slid 17.50 points, or 0.8 per cent, to 2,046.61.
The Nasdaq composite index retreated 19.65 points, or 0.4 per cent, to 4,717.68.
For the week:
The Dow fell 205.31 points, or 1.2 per cent.
The S&P 500 lost 10.53 points, or 0.5 per cent.
The Nasdaq dipped 18.48 points, or 0.4 per cent.
For the year:
The Dow is up 110.29 points, or 0.6 per cent.
The S&P 500 is up 2.67 points, or 0.1 per cent.
The Nasdaq is down 289.73 points, or 5.8 per cent.