Stocks plunged on Wall Street after the government reported that hiring slowed sharply last month, the latest sign of weakness in the economy. The Standard & Poor's 500 index and the Nasdaq composite closed out their worst weeks of the year. The Dow Jones industrial average had its second-worst weekly decline.
The Dow Jones industrial average closed down 168.32 points, or 1.3 percent, at 13,038.27.
The Standard & Poor's 500 index fell 22.47 points, or 1.6 percent, to 1,369.10.
The Nasdaq composite average fell 67.96 points, or 2.3 percent, to 2,956.34.
For the week:
The Dow is down 190.04 points, or 1.4 percent.
The S&P 500 is down 34.36, or 2.4 percent.
The Nasdaq is down 112.86, or 3.7 percent.
For the year to date:
The Dow is up 820.71 points, or 6.7 percent.
The S&P 500 is up 111.50, or 8.9 percent.
The Nasdaq is up 351.19, or 13.5 percent.