US STOCKS SNAPSHOT-Wall St slides on earnings but up for week
NEW YORK |
NEW YORK Oct 16 (Reuters) - U.S. stocks fell on Friday after disappointing results from General Electric Co (GE.N) and Bank of America Corp (BAC.N) showed the road to economic recovery will be bumpy.
The Dow Jones industrial average .DJI dropped 67.03 points, or 0.67 percent, to 9,995.91. The Standard & Poor's 500 Index .SPX fell 8.88 points, or 0.81 percent, to 1,087.68. The Nasdaq Composite Index .IXIC lost 16.49 points, or 0.76 percent, to 2,156.80.
For the week, the Dow rose 1.3 percent, the S&P 500 added 1.5 percent and the Nasdaq gained 0.8 percent.
(Editing by Kenneth Barry)
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