How the major stock indexes fared Thursday

AP News
Posted: Jun 02, 2011 5:52 PM
How the major stock indexes fared Thursday

Weaker than expected sales reports from retailers and another large number of claims for unemployment benefits left stocks with a mixed finish on Thursday, a day after the Dow Jones industrial average took its biggest dive in nearly a year.

First-time applications for unemployment benefits, an indication of how many people are losing their jobs, fell slightly last week to 422,000. That was more than economists had expected.

The Dow Jones industrial average lost 41.59 points, or 0.3 percent, to close at 12,248.55.

The Standard & Poor's 500 index fell 1.61 points, or 0.1 percent, to 1,312.94.

The Nasdaq composite rose 4.12, or 0.2 percent, to 2,773.31.

For the week:

The Dow is down 193.03, or 1.6 percent.

The S&P is down 18.16, or 1.4 percent.

The Nasdaq is down 23.55, or 0.8 percent.

For the year to date:

The Dow is up 671.04, or 5.8 percent.

The S&P is up 55.30, or 4.4 percent.

The Nasdaq is up 120.44, or 4.5 percent.