GLOBAL MARKETS-Wall Street tumbles, Treasury yields gain as focus turns to Fed
Yahoo! Finance
U.S. stocks ended sharply lower and Treasury yields headed higher on Friday as plunging chip stocks and mixed economic data dampened investors' risk appetite, providing a downbeat ending to a tumultuous week. All three major U.S. stock indexes closed deep in red territory, with chipmakers weighing on the tech-laden Nasdaq. The S&P 500 and the Nasdaq reversed their weekly advances, while the blue-chip Dow ended the week nominally higher.
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