Stock market today: Wall Street falls to close out its first losing week in the last six


Source: sootoday.com sootoday.com

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NEW YORK (AP) — Another drop for stocks helped drag Wall Street to its first losing week in the last six. The S&P 500 closed 0.8% lower Friday, pulling back further from last week when it reached its highest level in more than a year. The Dow dropped 218 points, and the Nasdaq composite fell 1%. Stock markets abroad also fell after a preliminary report indicated Europe’s economy appears to be weaker than expected. The disappointing data added to this week’s hesitance in markets following more increases in interest rates by central banks around the world. Treasury yields sank as...