How the major stock indexes fared on Wednesday

AP News
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Posted: Nov 18, 2009 5:52 PM

Disappointing forecasts from technology companies and an unexpected drop in home construction added to worries about the economy and sent stocks modestly lower. The drop came a day after major stock indicators closed at 13-month highs. Forecasts from software makers Autodesk Inc. and Salesforce.com fell short of analysts expectations. Meanwhile, the government said construction of homes and apartments fell 10.6 percent in October, a steeper drop than expected.

The Dow Jones industrial average fell 11.11, or 0.1 percent, to 10,426.31.

The Standard & Poor's 500 index fell 0.52, or 0.1 percent, to 1,109.80.

The Nasdaq composite index fell 10.64, or 0.5 percent, to 2,193.14.

For the week:

The Dow is up 155.84, or 1.5 percent.

The S&P is up 16.32, or 1.5 percent.

The Nasdaq is up 25.26, or 1.2 percent.

For the year:

The Dow is up 1,649.92, or 18.8 percent.

The S&P is up 206.55, or 22.9 percent.

The Nasdaq is up 616.11, or 39.1 percent.