Wall Street declines hard on Friday; Nasdaq turns negative in the year

The US stocks market fell hard on Friday as selling momentum increased in the last day of the week. The Nasdaq closed the week with losses and turned negative in the year; however the Dow and the S&P posted gains in the week.

The Dow Jones declined 159.84 points or 0.96% to finish the day at 16,412.71; the DJIA closed the week 0.55% positive; The S&P 500 lost 23.68 points or 1.25% to 1,865.09; the index was 0.4% up in the week.

The Nasdaq lost weekly gains and it closed at 2-month lows at 1,865.09 after declining 110.02 points or 2.60% in the Friday's session. The Composite is now 1.17% negative YTD.

AUD/JPY makes strong reversal from 10-month highs

The AUD/JPY jumped to 96.50 after NFP reaching a fresh 10-month highs but then bounced sharply to the downside, erasing all gains.
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Session Recap: US stocks tumbles, JPY soars… the old story in a NFP day

The employment report in the US and falling stocks were the main drivers in the American session.
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