Friday, October 12, 2012 4:11 pm
Stock market has its worst week since June
By The Associated Press
Major indexes closed little changed on Wall Street Friday.
The Dow Jones industrial average managed a gain of just two points to close at 13,329 after spending most of the day slightly lower.
The Standard & Poor's 500 lost four to close at 1,429 and the Nasdaq composite fell five points to 3,044.
All three indexes are down at least 2 percent for the week, the biggest weekly declines since early June. Banks fell after Wells Fargo missed analysts' revenue estimates.
Falling stocks outnumbered rising ones nearly two-to-one on the New York Stock Exchange. Volume was slightly lighter than average at 3 billion shares.