Dow Closes Down 20, Nasdaq Up 3

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Wall Street ended a lackluster session mostly lower Friday after a speech by Federal Reserve Chairman Ben Bernanke failed to give investors any hints about interest rate policy despite their concerns that the economy might be slowing too fast, the Associated Press reports. The major indexes finished the week with losses.


Further exasperating investors was a rally in oil and natural gas prices, which helped push blue chips lower and reinforced concerns that consumer spending will weaken. Stocks have retreated this week on questions about whether the economy is heading for a soft landing.


Read the full Associated Press story

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Today’s Winners & Losers


Thanks to a name change, Fuel Systems Solutions Inc., formerly Impco Technologies, gained 100 percent today and closed at $13.93 while Salem Communications Corp. gained 9.5 percent to close at $10.94 and Saehan Bancorp gained 8.9 percent to close the week out at $17.


On the down side were Summa Industries, which lost 6.8 percent and closed at $8.46 while Emak Worldwide lost 5 percent to close at $3.98 and Indymac Bancorp lost 4.8 percent to close out the week at $39.46

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