Stocks ended sharply lower Friday, erasing the week's gains, after a U.S. government report showing zero job growth in August. The three major indexes posted their worst one-day percentage losses in more than two weeks. Before Friday's session, the major indexes had been up between 2 and 3 percent for the week. But after the steep losses Friday, stocks ended the week little changed. The U.S. dollar rose versus the euro but fell versus the yen. Light sweet crude oil for October delivery fell $2.31, or 2.6 percent, to $86.62 a barrel on the New York Mercantile Exchange. Gold futures jumped $47.80, or 2.6 percent, to $1,876.90 an ounce. The Dow Jones industrial average fell 253.31, or 2.2 percent, to 11,240.26. All 30 of the index's components fell, led by financial stocks. Bank of America fell 8.3 percent, and J.P. Morgan Chase fell 4.6 percent. The broader Standard & Poor's 500 index fell 30.45, or 2.5 percent, to 1,173.97. The technology-heavy Nasdaq composite index fell 65.71, or 2.6 percent, to 2,480.33. Netflix shares fell nearly 11 percent after Starz said it has ended contract renewal negotiations. Starz will remove its movies and television programs from Netflix early next year.
