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Party's Over? Stocks Tank Hard, Dow Posts 200+ Drop


U.S. stocks took a hard fall on Friday, closing out an otherwise decent week with the big three indices posting losses.

“The Dow Jones industrial average ended down 208 points at 15,115 Friday, a loss of 1.4 percent. Pfizer led the Dow lower,” the Associated Press reports. “The Dow held on to a gain of 1.9 percent for May and is still up 15 percent so far this year.”

“The Standard & Poor's 500 index lost 23 points to 1,630, a decline of 1.4 percent,” the report continues:

The Nasdaq went down by 35 points to close at 3,455, a 1 percent decline:

“The declines were broad. All 10 industry groups in the S&P 500 fell, led by health care and energy stocks,” the AP notes.

“Five stocks fell for every one that rose on the New York Stock Exchange. Volume was heavier than usual at 3.9 billion shares,” the report adds:


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