Major Indexes Again Decline Sharply

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Stocks faced a second day of steep losses Friday as the dollar weakened and bonds prices fell after data showing higher import prices stoked the market’s inflation worries. The major indexes declined sharply this week.


The Dow lost 119.74, or 1.04 percent, to 11,380.99. The Dow sank 142 points in Thursday’s session, its biggest single-day drop since falling 213 points on Jan. 19. The Standard & Poor’s 500 index fell 14.68, or 1.12 percent, to 1,291.24, and the Nasdaq composite index dropped 28.92, or 1.27 percent, to 2,243.78.






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