US MARKET NEWS 11 JANUARY 2016

US stocks closed lower on Friday, ending a volatile week with their worst five-day start to a year ever, as sliding oil prices and lingering worries about the global economy offset upbeat US job growth.

Both the Dow and S&P 500 had their worst five-day starts in history, with the Dow falling 6.2 percent for the week and S&P 500 sliding 6 percent. The Nasdaq was down 7.3 percent this week.

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