Investors grew nervous about the shape of the economy Thursday, dumping stocks at the last minute ahead of a key government report on unemployment. After a sleepy day of small back-and-forth trades, stocks began sliding in the last half-hour. The index ended off its lows but still posted a loss of 87 points. The wave of selling swept through the market like a brush fire and revealed how skittish investors remain.
The Dow Jones industrial average fell 86.53, or 0.8 percent, to 10,366.15.
The Standard & Poor's 500 index fell 9.32, or 0.8 percent, to 1,099.92.
The Nasdaq composite index fell 11.89, or 0.5 percent, to 2,173.14.
For the week:
The Dow is up 56.23, or 0.5 percent.
The S&P is up 8.43, or 0.8 percent.
The Nasdaq is up 34.70, or 1.6 percent.
For the year:
The Dow is up 1,589.76, or 18.1 percent.
The S&P is up 196.67, or 21.8 percent.
The Nasdaq is up 596.11, or 37.8 percent.