Business

US stocks close out worst week since May 2012

By The Associated Press
Published October 10, 2014 8:13pm ET
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US stocks close out worst week since May 2012
Trader Richard Devicarro works on the floor of the New York Stock Exchange, Friday, Oct. 10, 2014. Major U.S. stock indexes got off to an uneven start in early trading Friday, a day after stocks clocked their worst day of the year. (AP Photo/Richard Drew) | Richard Drew

U.S. stocks are closing out a turbulent week with another loss, giving the market its worst week since May 2012.

Technology shares were especially hard hit. Semiconductor makers slumped after Microchip Technology cut its sales forecast for the quarter and warned investors to expect bad news from others in the sector.

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