Stocks fall for session, week on economic worries

Stocks fell Friday, capping their first five-week losing streak since July 2004, as a dismal jobs report added to the drumbeat of investor concerns about a slowing economy. The Dow Jones Industrial Average fell 97.29 points, or 0.8 percent, to 12,151.26, led lower by Alcoa, which...

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Source: New York Post

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Nicholas Perna is the economic adviser to Webster Financial Corp. and chief economist and managing director of the consulting firm Perna Associates. He is also a visiting lecturer at Yale University.