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US STOCKS-Dow, S&P 500 drop after consumer sentiment report

Fri Jul 10, 2009 10:09am EDT

NEW YORK, July 10 (Reuters) - The Dow industrials and the S&P 500 reversed their initial bounce on Friday and Nasdaq trimmed gains following a report that showed U.S. consumer sentiment soured in early July, slipping to its weakest level since March.

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The Dow Jones industrial average .DJI was down 48.37 points, or 0.59 percent, at 8,134.80. The Standard & Poor's 500 Index .SPX fell 4.72 points, or 0.53 percent, at 877.96. The Nasdaq Composite Index .IXIC was up 1.95 points, or 0.11 percent, at 1,754.50. (Reporting by Ellis Mnyandu; editing by Jeffrey Benkoe)

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