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Stock Market drops 137 points; has worst week of the year
NEW YORK (CNNMoney) -- U.S. stocks stumbled Friday, following a two-day rally, closing lower for a second straight week with worst declines of the year. Friday's losses came as a slowdown in China's economy overshadowed a batch of better-than-expected earnings results. The Dow Jones industrial average dropped 137 points, or 1.1%, the S&P 500 shed 17 points, or 1.3%, and Nasdaq lost 44 points, or 1.5%.