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Telecomunicaciones y tecnología

Market falls as recession worries weigh


    NEW YORK (Reuters) - Stocks fell on Friday on weakness in manufacturing and financial stocks after bleak data on consumer confidence and construction, but the Dow still snapped a disastrous three-week losing streak with its best weekly gain in 5-1/2 years.

    The Dow Jones industrial average fell 127.04 points, or 1.41 percent, to end unofficially at 8,852.22, based on the latest available data. The Standard & Poor's 500 Index lost 5.88 points, or 0.62 percent, to finish unofficially at 940.55. The Nasdaq Composite Index was off 6.42 points, or 0.37 percent, to close unofficially at 1,711.29.

    For the week, the Dow average unofficially gained 4.75 percent, while the S&P 500 unofficially rose 4.6 percent. It was the S&P's best week since February. The Nasdaq unofficially advanced 4.1 percent for the week -- its best week since early August.

    (Reporting by Leah Schnurr; Editing by Jan Paschal)