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US stock market closes out its worst week in two years, interrupting a prolonged rally

Trader Benedict Willis, left, calls out as he works on the floor of the New York Stock Exchange Friday, Aug. 1, 2014. U.S. markets steadied on Friday a day after a major sell-off. Investors focused on a relatively strong jobs report, which showed the U.S. economy created 209,000 jobs in July, the sixth straight month of job growth above 200,000. (AP Photo/Richard Drew)

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Trader Benedict Willis, left, calls out as he works on the floor of the New York Stock Exchange Friday, Aug. 1, 2014. U.S. markets steadied on Friday a day after a major sell-off. Investors focused on a relatively strong jobs report, which showed the U.S. economy created 209,000 jobs in July, the sixth straight month of job growth above 200,000. (AP Photo/Richard Drew)

NEW YORK, N.Y. - The U.S. stock market is closing out its worst week in two years.

Traders moved money into investments traditionally seen as having lower risk Friday, such as U.S. government bonds, gold and utility stocks.

Energy stocks fell after Chevron reported weaker oil and gas production.

The Dow Jones industrial average lost 69 points, or 0.4 per cent, to 16,493. The Dow has lost 387 points over the past two days. The slump interrupted five months of steady gains.

The Standard & Poor's 500 index fell five points, or 0.3 per cent, to 1,925. The S&P 500 lost 2.7 per cent this week, the biggest loss since June 2012.

The Nasdaq fell 17 points, or 0.4 per cent, to 4,352.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.49 per cent.

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