Friday, January 13, 2012

How the major stock indexes fared on Wednesday (AP)

Stock indexes ended mixed as Europe edged closer to a recession that would hurt corporate profits in the U.S. Germany said its economy, the largest in Europe, shrank at the end of last year. The European Union cut its estimate of economic growth in the third quarter to its slowest pace in two years. Supervalu, a grocery store operator, plunged after reporting a loss because of high food prices and costs related to a turnaround plan.

The Dow Jones industrial average fell 13.02 points, or 0.1 percent, to 12,449.45.

The S&P 500 index rose 0.4, or 0.03 percent, to 1,292.48.

The Nasdaq composite index rose 8.26, or 0.3 percent, to 2,710.76.

So far this week:

The Dow is up 89.53 points, or 0.7 percent.

The S&P 500 is up 14.67, or 1.2 percent.

The Nasdaq is up 36.54, or 1.4 percent.

For the year to date:

The Dow is up 231.89 points, or 1.9 percent.

The S&P 500 is up 34.88, or 2.8 percent.

The Nasdaq is up 105.61, or 4.1 percent.

Source: http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http%3A//news.yahoo.com/s/ap/20120111/ap_on_bi_ge/us_wall_street_box

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