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Stocks record five-day losing streak as global growth concerns rise


Saturday, 9 March 2019 04:33 WIB

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U.S. stocks came off their session lows but ended with losses on Friday, extending their losing streak to five straight sessions, after a lackluster jobs report and a sharp drop in Chinese exports heightened worries around the global economy's health.

The S&P 500  fell 0.2% to finish around 2,743. The Dow Jones Industrial Average  retreated 23 points, or 0.1%, to end near 25,450, based on preliminary numbers. The Nasdaq Composite fell 0.2% to end near 7,408. For the week, the S&P was down 2.2%, the Dow was down 2.2%, and the Nasdaq fell 2.4%. In company news, shares of National Beverage Corp. fell nearly 15% after the manufacturer of seltzer water released disappointing third-quarter results.

Source : MarketWatch


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