Beaten-down US stocks see losses steepen

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Wall Street equities reversed course on Friday after an early bounce, with losses steepening after midday.

File: Both the Dow and S&P finished at new peaks on Friday and also posted their fourth consecutive weekly gains.NEW YORK - Wall Street equities reversed course on Friday after an early bounce, with losses steepening after midday, teeing up a bleak end to another dreary week.

While gains in Europe and Asia fueled a positive start to the session, the move could not be sustained.

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