April 13, 2012 at 16:32 PM EDT
Stocks Have Worst Week Of The Year
Stocks snapped their two-day winning streak with sizable losses Friday. The Dow Jones Industrial Average lost 1.1% while the S&P 500 fell 1.3% and the Nasdaq was down 1.5%. It was the worst week of the year for the indexes, and after last week’s tumble marks the first time in 2012 that they have seen [...]

Stocks snapped their two-day winning streak with sizable losses Friday.

The Dow Jones Industrial Average lost 1.1% while the S&P 500 fell 1.3% and the Nasdaq was down 1.5%. It was the worst week of the year for the indexes, and after last week’s tumble marks the first time in 2012 that they have seen consecutive weekly losses.

China was a major concern, as GDP growth missed analysts’ estimates. The news was enough for investors to shrug off earnings beats from both JPMorgan (JPM) and Wells Fargo (WFC). Energy stocks also suffered as oil futures fell.

Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here