Business > Stocks end lower as energy shares weigh
U.S. stocks edged lower on Friday as
energy shares, like Exxon Mobil Corp. <XOM.N>, declined after
the promise of fuel aid in the wake of Hurricane Katrina drove
crude prices oil down.
Based on the latest available data, the Dow Jones
industrial average <.DJI> was down 11.62 points, or 0.11
percent, at 10,448.01 and the Standard & Poor's 500 Index
<.SPX> was down 3.49 points, or 0.29 percent, at 1,218.10. The
Nasdaq Composite Index <.IXIC> was down 7.60 points, or 0.35
percent, at 2,140.30.
For the week, the Dow ended up 0.5 percent, Nasdaq rose 1
percent, and the S&P 500 rose 1.1 percent.
