How the major US stock indexes fared on Thursday

AP News
|
Posted: May 03, 2012 5:03 PM
How the major US stock indexes fared on Thursday

Wall Street gnawed on a muddle of economic data and corporate earnings news Thursday, then sent stock indexes lower for a second day.

Disappointing April sales results from big retailers set the bleak tone early on. GM shares fell after the automaker said its first-quarter profit declined, mainly because of weakness in Europe.

The Dow Jones industrial average fell 61.98 points, or 0.5 percent, to 13,206.59.

The Standard & Poor's 500 index dropped 10.74, or 0.8 percent, to 1,391.57.

The Nasdaq composite average slid 35.55, or 1.2 percent, to 3,024.30.

For the week so far:

The Dow is down 21.72 points, or 0.2 percent.

The S&P 500 is down 11.79, or 0.8 percent.

The Nasdaq is down 44.90, or 1.5 percent.

For the year to date:

The Dow is up 989.03 points, or 8.1 percent.

The S&P 500 is up 133.97, or 10.7 percent.

The Nasdaq is up 419.15, or 16.1 percent.