Dow ends around 300 points lower as stocks snap 3-week winning streak

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Stocks ended lower Friday, giving up initial gains after a consumer survey showed inflation fears were on the rise. The Dow Jones Industrial Average ended the day down more than 299 points, or 0.9%, to finish near 34,688, according to preliminary figures, while the S&P 500 SPX, -0.75% shed around 33 points, or 0.8%, to close near 4,327. The Nasdaq Composite COMP, -0.80% gave up around 116 points, or 0.8%, ending near 14, 427. All three major benchmarks posted weekly declines --- Dow, down 0.5%; S&P 500, down 1%; Nasdaq Composite, down 1.9% --- ending a three-week run of gains.

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