A Wall Street sign stands outside the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Jan. 8, 2016. The Standard & Poor's 500 Index fluctuated near a three-month low as energy shares followed a retreat in crude, overshadowing early optimism on China's moves to restore calm to its sinking markets and data that showed U.S. payrolls surged more than expected in December.
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The S&P 500 and Dow industrials posted their worst 5-day start to a year on record on Friday on continued worries that a slowdown in China could damage the global economy, even as U.S. jobs growth was stronger than expected.

For the day, the Dow Jones industrial average fell 167.65 points, or 1.02%, to 16,346.45, the S&P 500 lost 21.06 points, or 1.08%, to 1,922.03 and the Nasdaq Composite dropped 45.80 points, or 0.98%, to 4,643.63.

The weekly declines on the S&P and Dow, 6% and 6.2%, respectively, were the largest for any week going back to September 2011.

Data from S&P Dow Jones Indices showed the 5-day declines for both indexes were the largest on record to mark the start of the year.

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