Dow Jones outlook week jan 30 - feb 3 2012

Dow Jones outlook week jan 30 - feb 3 2012 : The stock market closed mostly lower Friday, sending the Dow Jones industrial average to its first losing week of 2012, after the government reported that economic growth was slower at the end of last year than economists expected.

The Dow spent the whole day in the red. It ended down 74 points, or 0.6 percent, at 12,660.46. The loss snapped a three-week winning streak for the Dow, which fell 60 points for the week but is still up 3.6 percent for the year.

Friday was the 17th day in a row of moves of less than 100 points up or down for the Dow. The last time the index had a longer period of such small moves was a 34-day stretch that started Dec. 3, 2010.

On Thursday, the Dow kept rising, briefly passing its highest close since the financial crisis three years ago. But the rally faded after news that new home sales in December had dropped, capping a year that ranked the worst for home sales since record-keeping began in 1963.

Investors earlier in the next week had plenty of reason to hope the indexes would keep moving higher. For the latest updates on the stock market, visit Stock Market Today

Dow Jones 1/30/2012, Dow Jones jan 30 2012, Dow Jones fotrecast next week january 30 2012, Dow Jones next week jan 30-3 2012. For the latest updates PRESS CTR + D or visit Stock Market news Today

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