How the major US stock indexes fared on Wednesday

AP News
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Posted: May 09, 2012 4:53 PM
How the major US stock indexes fared on Wednesday

Fear of European debt is once again playing havoc with Wall Street. Stocks pitched down Wednesday in the United States as borrowing rates climbed for Spain and Italy, a sign that investors are losing confidence in those countries' finances.

The Dow Jones industrial average closed down 97.03 points, or 0.8 percent, at 12,835.06.

The Standard & Poor's 500 index fell 9.14 points, or 0.7 percent, to 1,354.58.

The Nasdaq composite average dropped 11.56, or 0.4 percent, to 2,934.71.

For the week so far:

The Dow is down 203.21 points, or 1.6 percent.

The S&P 500 is down 14.52, or 1.1 percent.

The Nasdaq is down 21.63, or 0.7 percent.

For the year so far:

The Dow is up 617.50 points, or 5.1 percent.

The S&P 500 is up 96.98 points, or 7.7 percent.

The Nasdaq is up 329.56 points, or 12.7 percent.