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S&P 500, Dow, Nasdaq post largest weekly percentage loss in years after weak jobs data

USA Today
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For the week , the S&P 500 lost 4.25% and the Dow fell 2.93% .

The Nasdaq declined 5.77% for the week - the biggest weekly percentage loss since January 2022 .

The Fed Governor Christopher Waller said on Friday "the time has come" for a series of interest rate cuts, adding he is open-minded about the size and pace.