Los Angeles Business Journal

Stocks Drop on Budget Uncertainty

Friday, December 21, 2012

In Friday morning trading, the Dow Jones industrial average was down 177 points, or more than 1 percent, to 13,135.

The Nasdaq fell 42 points, or more than 1 percent, to 3,008.

The S&P 500 fell 20 points, or more than 1 percent, to 1,424.

The LABJ Stock Index fell 1 point, or 1 percent, to 137.