How the major stock indexes fared on Friday

AP News
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Posted: Jan 06, 2012 4:40 PM
How the major stock indexes fared on Friday

The stock market offered a reminder Friday that even if the U.S. job market is improving, there's plenty to worry about elsewhere in the world. The unemployment rate fell in December to 8.5 percent, the lowest level in nearly three years. Yet stocks indexes teetered between small gains and losses as traders fretted about Europe's ongoing financial drama.

The Dow Jones industrial average fell 55.78 points, or 0.5 percent, to 12,359.92.

The Standard & Poor's 500 index fell 3.25 points, or 0.3 percent, to 1,277.81.

The Nasdaq composite index rose 4.36, or 0.2 percent, to 2,674.22.

For the week and year to date:

The Dow has risen 142.36 points, or 1.2 percent.

The S&P 500 has risen 20.21 points, or 1.6 percent.

The Nasdaq has risen 69.07 points, or 2.7 percent.