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US stocks close the week lower

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 18, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Córdoba) - US stocks extended the decline on Friday, with three main indexes closing the week lower, weighed by lingering softness in oil prices amid low liquidity.

    The Dow Jones Industrial Average fell 368.59 points, or 2.10%, to 17,128.39, its largest one-day decline in over three months, and lost 0.8% over the week. The S&P 500 dropped 36.41 points, or 1.78%, to 2,005.46 and closed down 0.3% the week. The Nasdaq Composite lost down 79.47 points, or 1.59%, to 4,923.08 and ended the week 0.2% lower.

    Financial stocks led the declines while transportation and industrials stocks tumbled.
    For more information, read our latest forex news.

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