August 8, 2006 > A status report on Wall Street's major indexes
A status report on Wall Street's major indexes
AP Wire Service, Aug 04 _ Stocks fell modestly Friday, ending the week little changed as investors nervously awaited Tuesday's Federal Reserve meeting and the possibility of another interest rate increase.
Tech stocks fell following Apple Computer Inc.'s announcement that it would have to restate earnings due to stock option accounting issues.
The Dow Jones industrial average fell 2.24, or 0.02 percent, to 11,240.35.
The Standard & Poor's 500 index lost 0.91, or 0.06 percent, to 1,279.36.
The Nasdaq composite index dropped fell 7.29, or 0.35 percent, to 2,085.05.
For the week:
The Dow rose 20.65, or 0.18 percent.
The S&P rose 0.81, or 0.06 percent.
The Nasdaq fell 9.09, or 0.43 percent.
Where the indexes stand compared with their all-time highs, reached in early 2000:
The Dow is 482.63, or 4.12 percent, below its peak of 11,722.98 on Jan. 14, 2000.
The S&P is 248.10, or 16.24 percent, below its peak of 1,527.46 on March 24, 2000.
The Nasdaq is 2,963.57, or 58.70 percent, below its peak of 5,048.62 on March 10, 2000.
For the year:
The Dow is up 522.85, or 4.88 percent.
The S&P is up 31.07, or 2.49 percent.
The Nasdaq is down 120.27, or 5.45 percent.