NEW YORK (AP) - March 27, 2009 Stocks are finishing lower Friday but are still up sharply for
the week. Analysts say the day's pullback was expected after the
market's powerful climb this month. Financial and technology stocks
led the retreat, and energy shares fell along with the price of
oil.
At the close, the Dow Jones industrial average is down 150
points, or 1.9 percent, at 7,776. The Standard & Poor's 500 index
is down 17, or 2 percent, to 816. The Nasdaq composite index is
down 42, or 2.6 percent, at 1,545.
Three stocks fell for every one that rose on the New York Stock
Exchange, where volume came to 1.44 billion shares.
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