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How the major stock indexes fared on Tuesday

Wed Jun 10, 2009 5:31 PM EDT
business, us, wall-street, wall, street, box, dow-jones, labor-department, commerce-department
The Associated Press
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— Stocks extended their pullback Tuesday after news of a seventh straight monthly drop in industrial production overshadowed better-than-expected reports on home construction, building permits and inflation. Analysts say investors need more clear evidence of growth to restart the market's rally, which has stalled as investors grow worried that a weaker dollar, higher commodities prices and rising interest rates will hamper the economy's recovery.

The Dow Jones industrial average fell 107.46, or 1.3 percent, to 8,504.67.

The Standard & Poor's 500 index fell 11.75, or 1.3 percent, to 911.97.

The Nasdaq Composite index fell 20.20, or 1.1 percent, to 1,796.18.

For the week:

The Dow is down 294.59, or 3.4 percent.

The S&P is down 34.24, or 3.6 percent.

The Nasdaq is down 62.62, or 3.4 percent.

For the year:

The Dow is down 271.72, or 3.1 percent.

The S&P is up 8.72, or 1.0 percent.

The Nasdaq is up 219.15, or 13.9 percent.

© 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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