: U.S. stocks finish lower to cap off worst week since Silicon Valley Bank collapse

U.S. stocks finished lower on Friday, capping off the worst week for the S&P 500 and Nasdaq Composite since the collapse of Silicon Valley Bank back in March. The S&P 500 SPX shed 33.54 points, or 0.8%, to 4,348.35, bringing its weekly drop to 1.4%, based on preliminary closing data from FactSet. This represents the large-cap index’s worst week since the week ended March 10, which coincided with the collapse of Silicon Valley Bank following a doomed attempt to raise capital days earlier. The Nasdaq Composite COMP fell 138.09 points, or 1%, to 13,492.52, shedding 1.4% for the week, also the worst since March 10. The Dow Jones Industrial Average DJIA fell 218.02 points, or 0.6%, to 33,728.69, falling 1.7% for the week, its worst in just over a month. U.S. stocks have suffered this week as a torrid bull run appeared to run out of steam as worries about the outlook for global growth resurfaced.

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