US Stocks: Friday's unofficial close

13 Aug, 2005

US stocks fell on Friday as technology bellwether Dell Inc slumped on a lower sales outlook and crude oil topped $67 a barrel, worrying investors that it may slow the pace of earnings growth. Shares of Dell dropped 7.8 percent to $36.50, its biggest one-day drop in almost four years and the heaviest drag on the technology-laced Nasdaq Composite Index.
The Dow Jones Industrial Average was down 102.22 points, or 0.96 percent, at 10,581.51. The Standard & Poor's 500 Index was down 10.84 points, or 0.87 percent, at 1,227.02. And the Nasdaq was down 28.15 points, or 1.29 percent, at 2,154.32, its biggest one-day drop since the end of June.

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