How the major stock indexes fared Friday

AP News
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Posted: Mar 04, 2011 4:52 PM
How the major stock indexes fared Friday

Stocks dropped Friday after another spike in oil prices overshadowed a report that the unemployment rate fell to its lowest level in nearly two years. Crude oil rose 2.5 percent to more than $104 a barrel, its highest level since September 2008, after fighting in Libya escalated.

The Dow Jones industrial average fell 88.32 points, or 0.7 percent, to 12,169.88.

The Standard & Poor's 500 index fell 9.82, or 0.7 percent, to 1,321.15.

The Nasdaq composite index fell 14.07, or 0.5 percent, to 2,784.67.

For the week:

The Dow was up 39.43, or 0.3 percent.

The Standard & Poor's 500 index was up 1.27, or 0.1 percent.

The Nasdaq composite was up 3.62, or 0.1 percent.

For the year to date:

The Dow is up 592.37, or 5.1 percent.

The S&P is up 63.51 or 5.1 percent.

The Nasdaq is up 131.8, or 5 percent.