Dow Up 32; Big Weekly Losses

Investors quit trying to call a recovery
By Nick McMaster,  Newser Staff
Posted Mar 6, 2009 3:23 PM CST
Specialist Samer Farhood, left, who trades Wells Fargo, works his post on the trading floor of the New York Stock Exchange today.   (AP Photo)
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(Newser) – Stocks ended mixed after falling for most of today as investors lost hope in a quick recovery, the Wall Street Journal reports. With the job market reaching new lows, General Motors took another big fall. Apple, Verizon and Amazon also saw losses. The Dow pulled up in the last half-hour to close up 32.50 at 6,626.94. The Nasdaq lost 5.74 to 1,293.85, and the S&P 500 added 0.83, settling at 683.38.

For the week, the Dow fell 6%, as did the Nasdaq. The S&P 500 lost 7%.