Business

S&P 500 has its worst week in 2 years

By Ken Sweet
Published August 1, 2014 9:01pm ET
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S&P 500 has its worst week in 2 years
Trader Benedict Willis, left, calls out as he works on the floor of the New York Stock Exchange Friday, Aug. 1, 2014. U.S. markets steadied on Friday a day after a major sell-off. Investors focused on a relatively strong jobs report, which showed the U.S. economy created 209,000 jobs in July, the sixth straight month of job growth above 200,000. (AP Photo/Richard Drew) | Richard Drew

NEW YORK (AP) — U.S. stocks declined for a second day Friday, adding to the massive sell-off the day before and giving the market its worst week in two years.

Investors found little reason to move money into stocks, faced with the growing geopolitical concerns in Israel and Ukraine, as well as banking problems in Europe.

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