U.S. stocks fell, with major indexes posting weekly losses, as investors worried that soaring inflation and slowing growth are starting to affect businesses.
The Dow industrials fell 113.36 points, or 0.3%, to close at 34451.23 Thursday. The S&P 500 lost 54 points, or 1.2%, to 4392.59, a day after the broad index advanced 1.1% to snap a three-day losing streak. The tech-focused Nasdaq Composite dropped 292.51, or 2.1%, to 13351.08, a day after rising 2%.