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Stocks End the Week in the Red

Dow falls nearly 100
By Newser Editors and Wire Services
Posted May 17, 2019 3:05 PM CDT
In this May 9, 2019, photo, trader Craig Spector works on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew)

(Newser) – A morning rebound on Wall Street faded by Friday afternoon, sending major stock indexes lower and giving the market its second straight weekly loss. Technology and industrial stocks accounted for much of the slide, outweighing gains in health care, utilities, and other sectors. The S&P 500 index fell 16 points, or 0.6%, to 2,859; the Dow lost 98 points, or 0.4%, to 25,764; and the Nasdaq dropped 81 points, or 1%, to 7,816, per the AP. The S&P hasn't fallen for two consecutive weeks since last year, but it remains about 14% higher so far in 2019.


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