Dow suffers worst week in nearly a year as oil spikes 12% and weak jobs data adds to anxiety

Wall Street’s major indexes fell on Friday as weak US jobs data and a sharp rise in oil prices heightened concerns about the economic outlook. The Dow Jones dropped 0.95%, the S&P 500 fell 1.33%, and the Nasdaq declined 1.59%, with the Dow posting its steepest weekly fall since April 2025.

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