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Stocks Fall Further at Close

A bad end to a bad week: on the heels of yesterday’s slump, Wall Street stocks sank further at the close of trading on Friday, with the Dow down more than 2 percent. U.S. Treasury yields reached a new low following May’s weak job report, and bond yields sank in Europe as the EU’s unemployment rate hit a record high. Analysts say investors are so risk averse that they’re stowing away their money with no guaranteed returns.

June 1, 2012 5:17 PM