Skip to Content

More earnings jitters push stocks lower to end week

Text SizeAAA

Filed under: Investing

More

Concerns that corporate earnings will show no signs of an economic recovery kept many traders out of the market today and inspired those who did wade in to send stocks lower. The S&P 500 capped its fourth straight weekly decline and the Dow Jones industrial average fell 37 points, or 0.5 percent, to close at 8,147 as New York Stock Exchange volume fell to the lowest level since January, according to Bloomberg News.

Energy stocks were among the Dow's biggest losers, as Chevron (CVX) fell 2.7 percent and ExxonMobil (XOM) dropped 1.3 percent. Economic pessimism has pushed oil prices lower in recent weeks.

For more on stocks making moves today, be sure to check out BloggingStocks' market wrap-up.

Interest Rates

5/1 ARM4.30%APR: 4.18%
30 Yr.
Fixed Mort.
5.13%APR: 5.29%
$30K
HELOC
8.13%APR: 0.00%
30 Mo
New Car Loan
7.05%APR: 0.00%
1 Yr. CD1.61%APR: 1.62%
DailyFinance Writers
Melly Alazraki Melly Alazraki Financial writer and analyst
Jeff Bercovici Jeff Bercovici Media columnist
Jonathan Berr Jonathan Berr Financial writer and media columnist
Mercedes Cardona Mercedes Cardona Retail reporter
Tim Catts Tim Catts Financial writer
Peter Cohan Peter Cohan Author, venture capitalist and financial writer
Carrie Coolidge Carrie Coolidge Financial writer
Lita Epstein Lita Epstein Financial writer
Sam Gustin Sam Gustin Technology Writer
Nikhil Hutheesing Nikhil Hutheesing Tech and investing editor
Joseph Lazzaro Joseph Lazzaro Markets and economics writer
Latif Lewis Michelle Leder Financial Columnist
Latif Lewis Latif Lewis Business news editor and management columnist
Anthony Massucci Anthony Massucci Senior writer and tech columnist
Doug McIntyre Doug McIntyre Business and investing news writer and editor
Michael Mercurio Michael Mercurio Managing Editor
Todd Pruzan Todd Pruzan Features editor
Michael Rainey Michael Rainey Editor and economics writer
Alex Salkever Alex Salkever Senior technology writer
David Schepp David Schepp Business News reporter
Matthew Scott Matthew Scott Investing reporter and editor
Dan Solin Daniel R. Solin Author, investment advisor and retirement expert
Amey Stone Amey Stone Executive editor
Bruce Watson Mark Svenvold Columnist, renewable energy
Russel Turk, M.D. Russell Turk, M.D. Healthcare policy columnist
Bruce Watson Bruce Watson Features Writer
my portfolios

Find out why more people track their portfolios on AOL Money & Finance than anywhere else.

Create a New Portfolio My Portfolios

Daily Finance Partners

More from the Weblogs Network