Friday, January 22, 2010

Major Indices End Week Lower

The Dow Jones Industrial Average fell 217 points (2.1%) to close at 10,173, the S&P 500 Index dropped 25 points (2.2%) to 1,092, while the Nasdaq Composite lost 60 points (2.7%) to 2,205. Crude oil was $1.54 lower at $74.54 per barrel, and the Bloomberg gold spot price fell $0.13 to $1,093.83 per ounce. For the week, the DJIA lost 4.1%, while the S&P 500 Index fell 3.9%, and the Nasdaq Composite declined by 3.6%.

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