U.S. stock markets tumbled Friday...
...ending the week close to its lows, falling after a mixed jobs report weighed on sentiment (the report leaves many questions – causing uncertainty over whether the Federal Reserve will raise interest rates in two weeks). China was a non-factor the last two-days amid its holiday, though other emerging markets continue to unravel. All 10 S&P sectors were lower, led by weakness in Discretionary, Industrials, Healthcare, and Technology, while Financials fell the least. The Dow was down 348 points at session low in a week that saw big swings in stocks, and commodities (oil closed the week higher). The S&P 500 posted its sixth decline exceeding 1% in 12 days (prior to that there’d been 10 such declines since January).
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