Stocks Ended Lower, Nasdaq Posted Worst Week since March

U.S. stocks ended lower on Friday, with the Nasdaq logging its biggest one-day selloff since June. The Dow Jones Industrial Average shed 159.42 points, or 0.56%, to 28,133.31. The S&P 500 fell 28.10 points, or 0.81%, to 3,426.96. The Nasdaq Composite slipped 144.97 points, or 1.27%, to 11,313.13. For the week, the Dow lost 1.8%, the S&P was down 2.3% and the Nasdaq fell 3.3% for its worst week since March.

Oil futures declined on Friday, with the U.S. benchmark ending below $40 a barrel for the first time since early July. West Texas Intermediate crude for October delivery fell $1.60, or 3.9%, to settle at $39.77 a barrel. November Brent lost $1.41, or 3.2%, at $42.66 a barrel. For the week, WTI crude fell nearly 7.5%, while Brent marked a 6.9% decline.

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