US stocks decline as dollar falls

Stocks faced a second day of steep losses today as the dollar weakened and bonds prices fell after data showing higher import prices stoked the market’s inflation worries. The major indexes declined sharply this week.

According to preliminary calculations, the Dow lost 119.74, or 1.04%, to 11,380.99. The Dow sank 142 points in Thursday’s session, its biggest single-day drop since falling 213 points on Jan. 19.