Signs of a slowing economy combined with comments from a Federal Reserve official helped pull the stock market down Thursday.
The news on the U.S. economy gave investors little to get excited about. Applications for unemployment benefits rose last week and manufacturing slowed in the mid-Atlantic region. Wal-Mart Stores sank after warning of weaker earnings ahead.
The Dow Jones industrial average fell 42.47 points, or 0.3 percent, to close at 15,233.22.
The Standard & Poor's 500 index fell 8.31 points, or 0.5 percent, to 1,650.47.
The Nasdaq composite index fell 6.37 points, or 0.2 percent, to 3,465.24.
For the week:
The Dow is up 114.73 points, or 0.8 percent.
The S&P 500 is up 16.77 points, or 1 percent.
The Nasdaq is up 28.66 points, or 0.8 percent.
For the year:
The Dow is up 2,129.08 points, or 16.2 percent.
The S&P 500 is up 224.28 points, or 15.7 percent.
The Nasdaq is up 445.73 points, or 14.8 percent.
Source: http://news.yahoo.com/dow-jones-industrial-average-fared-211711235.html
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