& #8226; National

Stocks closed out a solid first quarter with a modest decline Friday despite lower oil prices and a round of temperate economic data that mitigated concerns about inflation and higher interest rates. The major indexes finished mixed for the week, but were higher for the month and the quarter.

The Dow Jones Industrial Average fell 41.38, or 0.4 percent, to 11,109.32. The Standard & Poor’s 500 Index lost 5.42, or 0.4 percent, to 1,294.83. The Nasdaq Composite Index dropped 1.03, or 0.04 percent, to 2,339.79.

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& #8226; Local


Local movers were led by Guess Inc., which gained 4.7 percent to $39.11, Cherokee Inc., which rose 2.7 percent to $40.27, and Countrywide Financial Corp., which climbed 2.7 percent to $36.70. On the down side, Peerless Systems Corp. fell 22.35 percent to $7.47, Occidental Petroleum Corp. lost 1.7 percent to $92.65 and CB Richard Ellis Group Inc. slipped 1.9 percent to $80.70.