Wall Street Stocks Slide Five Days as Jobs Data Sparks Global Economic Fears

N

Nyakundi Report

Newsroom 1 min read

Wall Street stocks extended their losing streak for five consecutive days, posting their largest weekly declines since the 2018 market turmoil amid growing worries about global economic stability. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all closed lower on Friday, reflecting heightened investor anxiety following a disappointing U.S. jobs report.

The Dow fell 23.12 points to 25,450.11, the S&P 500 dropped 5.89 points to 2,743.04, and the Nasdaq declined 13.32 points to 7,408.14. Analysts linked the declines to renewed fears about slowing global growth and uncertainty surrounding trade policies.

Reporting by Lewis Krauskopf; Editing by James Dalgleish

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