Wall Street caps off tough week with a steep loss


  • Business
  • Saturday, 05 Sep 2015

Wall Street caps off tough week with a steep loss - EPA

NEW YORK:  U.S. stock indexes dropped more than 1 percent on Friday after a mixed August jobs report did little to quell investor uncertainty about whether the Federal Reserve will increase interest rates this month.

Trepidation about the first U.S. rate hike in almost a decade added to worries among investors already on edge about a stumbling Chinese economy and a recent market selloff.

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