US Stocks End First Week Of 2016 On Historical Losses
NEW YORK – US Stocks End First Week Of 2016 On Historical Losses, US stocks Standard & Poor’s indication scored 500 and Dow Jones Industrial Average on Friday, the worst performance for them in the first week of the year with continued concerns that hurt the Chinese Stocks slowdown to the global economy and that despite data showing a larger-than-expected in the number of jobs in the United States increase in December.
The index Dow Jones Industrial Average 167.65 points or 1.02 percent to 16346.45 points at closing.
And went down the index S & P 500 by 21.06 points, or the equivalent of 1.08 percent to 1922.03 points.
The Nasdaq Composite Index lost 45.80 points, equivalent to 0.98 percent to 4643.63 points.
During the week the S & P lost six percent and the Dow 6.2 percent, the biggest weekly loss since September each September 2011.
Data from the two indicators showed that the losses during the week was the largest recorded loss each in the first five sessions of the new year.