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US stocks sag as consumer confidence slips

US stocks finished lower Friday as a key consumer confidence measure came in lower and the government confirmed that the economy contracted in the first quarter.

The Dow Jones Industrial Average lost 115.31 points (0.64 percent) to 18,010.81.

The broad-based S&P 500 shed 13.40 points (0.63 percent) at 2,107.39, while the tech-rich Nasdaq Composite Index fell 27.95 (0.55 percent) at 5,070.03.