Dow Ends Bad Week Down 82

Energy firms see gains on oil rally
By Nick McMaster,  Newser Staff
Posted Feb 13, 2009 3:23 PM CST
Trader Warren Meyers is seen on the floor of New York Stock Exchange in this undated file photo.   (AP Photo/Richard Drew)
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(Newser) – Stocks fell today after treading water for most of the session, the Wall Street Journal reports. Financials fell, but a rise in energy stocks spurred by a $3.53 gain in the price of oil buoyed indices somewhat. The House passage of the stimulus plan seemed to have little effect on markets. The Dow lost 82.35 points to close at 7,850.41. The Nasdaq closed down 7.35 at 1,534.36, and the S&P 500 fell 8.35, settling at 826.84.

For the week, the Dow lost 5.2%, the Nasdaq dropped 3.6%, and the S&P 500 fell 4.8%.