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US stocks extend fall on Friday and post weekly losses

FXStreet (Córdoba) - US stocks ended Friday with sharp losses, with main indexes snapping a six-week winning streak.

The Dow Jones Industrial Average lost 202.97 points, or 1.16%, to 17,245.10, closing the week 3.7% down. The S&P 500 Index fell 22.91 points, or 1.12%, to 2,023.06 and posted a 3.6% loss over the week. The Nasdaq Composite Index dropped 77.20 points, or 1.54%, to close at 4,927.88, and down 4.3% in the week.

BoJ will need to be expanded in the long run - Commerzbank

The Bank of Japan (BoJ) will remain on the sidelines next week, but it will probably need to expand its QE programme in the foreseeable future, said Antje Praefcke, analyst at Commerzbank.
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