How the major stock indexes fared on Tuesday

AP News
Posted: Dec 08, 2009 6:15 PM

Investors sought safety Tuesday as concerns about spiraling debt loads and disappointing corporate reports tarnished hopes for an economic recovery. Traders turned away from stocks and put money into safe-haven assets like the dollar and Treasurys. An earnings forecast from 3M Co. and a sales report from McDonald's Corp. disappointed investors. Questions about debt levels in places from Greece to the Middle Eastern city-state of Dubai added to investors' concerns.

The Dow Jones industrial average fell 104.14, or 1 percent, to 10,285.97.

The Standard & Poor's 500 index fell 11.31, or 1 percent, to 1,091.94.

The Nasdaq composite index fell 16.62, or 0.8 percent, to 2,172.99.

For the week:

The Dow is down 102.93, or 1 percent.

The S&P is down 14.04, or 1.3 percent.

The Nasdaq is down 21.36, or 1 percent.

For the year:

The Dow is up 1,509.58, or 17.2 percent.

The S&P is up 188.69, or 20.9 percent.

The Nasdaq is up 595.96, or 37.8 percent.