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US Stocks Avoid Closing Down Over 1%, Again
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U.S. stocks posted their largest percentage decline of the year on Friday, taking a break from the strong gains seen in the past six weeks.
Friday morning, all three indices tumbled more than 1 percent to their lowest levels of the trading session — a decline the indices have only seen a handful of times this year.
In fact, the Dow has only dropped more than 1 percent on an intraday basis four times in 2012 (three for the S&P 500 and Nasdaq).
Despite their earlier losses, the Dow [.DJI
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] and S&P 500 [.SPX
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] managed to settle off their lows, once again, avoiding to close down more than 1 percent for the first time in 2012.
On the other hand, it was the first weekly decline for the S&P 500 and Nasdaq Composite.
Here is a look at the best and worst performing stocks this week.
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- Have you ever wished you could just quit your job and follow your dream? These people have.
- Emerging-market bulls should look to Brazil, South Africa and Russia, as well as Thailand and South Korea.
- Some beers are better than others. An annual competition chose the ones that are the best.
Data is a real-time snapshot *Data is delayed at least 15 minutes
