U.S. Stocks Record Weekly Losses
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largest weekly percentage lossesUSA Today
•S&P 500, Dow, Nasdaq post largest weekly percentage loss in years after weak jobs data
90% Informative
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.
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