DOW - End Lower for Third Straight Week

Dow

12,512.04

-93.28

-0.74%

By: Abby Schultz

Stocks racked up three weeks of losses as investors became concerned about the direction of global growth amid signs of weakness in the U.S. and as Europe struggled with the restructuring of Greek debt.

The Dow Jones Industrial Average fell for the third week in a row, dropping 83.71 points this week, or 0.66 percent, to close at 12,512.04. On Friday, the blue-chip average fell 93.28 or 0.74 percent.


The S&P 500 also fell for a third week, declining 4.50 points this week, or 0.34 percent, to close at 1,333.27. On Friday, the index lost 10.33 points, or 0.77 percent. The Nasdaq fell two of the last weeks, declining 25.15 points this week, or 0.9 percent, to 2,803.32. On Friday, the Dow fell 19.99 points, or 0.71 percent.