How the major stock indexes fared Friday

AP News
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Posted: Jul 08, 2011 5:23 PM
How the major stock indexes fared Friday

An unexpected drop in hiring put an end to the excitement that had been bubbling up on Wall Street over the past two weeks. Stock indexes fell sharply Friday, erasing most of the week's gains, after the government reported that U.S. employers created the fewest number of jobs in nine months.

The Dow Jones industrial average lost 62.29, or 0.5 percent, to 12,657.20.

The Standard and Poor's 500 index fell 9.42 points, or 0.7 percent, to 1,343.80.

The Nasdaq composite dropped 12.85, or 0.4 percent, to 2,859.81.

For the week:

The Dow is up 74.43, or 0.6 percent.

The S&P is up 4.13, or 0.3 percent.

The Nasdaq is up 43.78 points, or 1.6 percent.

For the year to date:

The Dow is up 1,079.69, or 9.3 percent.

The S&P is up 86.16, or 6.9 percent.

The Nasdaq is up 206.94 points, or 7.8 percent.