Stocks Close Lower Friday, But S&P 500 Still Up 3% For Week

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NEW YORK (MarkeWatch) -- U.S. stocks finished lower Friday as investors shrugged off a strong jobs report, which had provided a lift earlier in the day, and turned to lingering concerns about Greece. Fresh worries about Greece were sparked midday Friday after Standard & Poor's downgraded the country's long-term sovereign-debt rating to B-minus from B. In addition, a euro zone official said Greece faces a Feb. 16 deadline to apply for an extension of its bailout program. The main indexes still booked solid weekly gains, however. The S&P 500 fell 7.05 points, or 0.3%, to close at 2055.47 on Friday, according to preliminary FactSet data. That left the benchmark up 3% for the week. The Dow Jones Industrial Average dropped 60.59 points, or 0.3%, to close at 17,824.29 on Friday, leaving the blue-chip barometer up 3.8% for the week. Read a full story here.

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