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US stocks close at daily lows and extend weekly decline

FXStreet (San Francisco) - Wall Street wrapped up the week with loses as investors are focusing on Ukraine crisis and the possibility of a conflict following Sunday's referendum in Crimea. The Nasdaq performed its biggest weekly drop since April 2013.

Investors were reluctant to take positions and even they closed transactions before weekend. The Oil rose to close around the 99.00 area and the Gold advanced for fourth day to close at highs since September 2013.

The Dow Jones declined for fourth day after losing 43.22 points or 0.27% to finish the week at 16,065.67; the DJIA performed 2.35% negative on the weekly basis. The S&P 500 eased 5.21 points or 0.28% to close at 1,841.13; the S&P dropped 1.97% on the week.

The Nasdaq lost 15.02 points or 0.35% to finish at 4,245.40; 2.09% down in the week.

Gold posts highest weekly close since September

Spot gold finished the week sharply higher trading around $1,380 at the highest level since September of last year.
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