Stocks snap four-day winning streak but post weekly gains

U.S. stocks booked losses on Friday as fears around the coronavirus impact on U.S. multinationals and the global economy offset better-than expected job gains in the January employment report, but held on to weekly gains. The S&P 500 [S: spx] fell 0.5% to end around 3,328. The Dow Jones Industrial Average DJIA, -0.94% dropped 277 points, or 0.9%, to end around 29,103, based on preliminary numbers. The Nasdaq Composite COMP, -0.54% retreated 0.5% to finish near 9,521.

See Full Story Stocks end lower as market retreats from records U.S. stocks fell Friday after all three benchmarks finished at all-time highs, as investors digested a robust jobs report, a hectic week of earnings and China’s efforts to contain a fast-moving virus. #div-gpt-ad-1569967089584-0 > div > iframe { width: 100% !important; min-width: 300px; max-width: 800px; }

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Source: CNBC - 🏆 12. / 72 Read more »

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Source: CNBC - 🏆 12. / 72 Read more »