How the major stock indexes fared Friday

AP News
|
Posted: Aug 12, 2011 6:21 PM
How the major stock indexes fared Friday

The Dow Jones industrial average finished Friday with a gain of 125 points. A rebound in retail sales in July helped the stock market push higher. Most other times it would have been a fairly big day. By this week's standards, it was a sleeper. Friday capped a week when the blue-chip index had four 400-point swings in a row for the first time in its 115-year history.

All three major stock indexes are now down more than 10 percent from their April highs. That is a big enough drop to signify what traders call a market correction. A drop of more than 20 percent signifies a bear market, a period of sustained losses.

The Dow Jones industrial average gained 125.71 points, or 1.1 percent, to 11,269.02.

The broader S&P 500 index rose 6.17 points, or 0.5 percent, to 1,178.81.

The Nasdaq composite rose 15.30, or 0.6 percent, to 2,507.98.

For the week to date:

The Dow is down 175.59, or 1.5 percent.

The S&P 500 is down 20.57, or 1.7 percent.

The Nasdaq is down 24.43, or 0.9 percent.

For the year to date:

The Dow is down 308.49, or 2.7 percent.

The S&P 500 is down 78.83, or 6.3 percent.

The Nasdaq is down 144.89, or 5.5 percent.