Stocks ended a turbulent second quarter with a moderate decline Friday as money managers, doing some last-minute adjustments, locked in gains from Thursday’s big rally, the Associated Press reports. Analysts attributed the selloff to end-of-quarter “window dressing” by managers preparing quarterly reports and the annual reconstitution of the Russell 3000 index, in which some stocks were added to the index while others were dropped.

According to preliminary calculations, the Dow fell 40.58, or 0.36, to 11,150.22. On Thursday, the Dow surged 217.24, its biggest single-day jump since March 21, 2003, when it added 235.37. Broader stock indicators also fell. The Standard & Poor’s 500 index dropped 2.67, or 0.21 percent, to 1,270.20, after Thursday’s gain of 26.87, its largest point gain since March 17, 2003.

Read the full Associated Press story

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Today’s Winners & Losers

Computer Science Corp. finished the day down 13 percent and closed at $48.56. EMAK Worldwide closed down almost 7 percent to close at $4.84 and Santa Fe Financial Corp. closed the day down 5.8 percent to $16.50.

On the other side, WPT Enterprises Inc. finished up 15 percent and closed at $6.02. Reinhold Industries finished up 8.4 percent to close at $11.97. Finally, IMPCO Technologies finished the day up 7.8 percent to close at $10.67 a share.