U.S. stock indexes on Friday stretched losses into a fourth week, as apprehensive investors remained on alert for any sign of trouble or resolution from the European Union and its banks.
“Given we have a high level of anxiety and we’re coming into a weekend, people would rather be flat than long,” said Randy Frederick, director of trading and derivatives at Charles Schwab Center for Financial Research.
“The only thing that would make it cascade below levels we put in last week was if we found the EU really turning into a banking crisis,” said Michael Gibbs, a managing director and director of equity strategy at Morgan Keegan.
Dow Jones Industrial Average
(DJI: ^DJI )
| Index Value: | 10,817.65 |
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| Trade Time: | 4:03PM EDT |
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| Change: |  172.93 (1.57%) |
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| Prev Close: | 10,990.58 |
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| Open: | 10,989.75 |
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| Day's Range: | 10,801.41 -11,086.40 |
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| 52wk Range: | 9,915.73 -12,928.50 |
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