Bank stocks were the market’s big performers Friday, even as the Dow Jones industrial average fell almost 9 points and the other major indexes had only slim gains. Banks posted big gains after an agreement on a financial regulation bill reassured investors that new rules won’t devastate financial companies’ profits.
The Dow Jones industrial average fell 8.99, or 0.1 percent, to 10,143.81.
The Standard & Poor’s 500 index rose 3.07, or 0.3 percent, to 1,076.76.
The Nasdaq composite index rose 6.06, or 0.3 percent, to 2,223.48.
For the week:
The Dow is down 306.83, or 2.9 percent.
The S&P is down 40.75, or 3.6 percent.
The Nasdaq is down 86.32, or 3.7 percent.
For the year:
The Dow is down 284.24, or 2.7 percent.
The S&P is down 38.34, or 3.4 percent.
The Nasdaq is down 45.67, or 2 percent.
Stocks slide on weak jobs reportHow the major stock indexes fared on Friday (AP)
How the major stock indexes fared on Friday (AP) « Market News said
[...] Stocks slide on weak jobs reportHow the major stock indexes fared on Friday (AP) [...]