How the Dow Jones industrial average fared Friday

How the Dow Jones industrial average and other major indexes fared Friday

Associated Press

Stocks closed slightly lower on Friday, erasing an early gain, after being dragged down by health care companies. Bio-technology companies were especially hard-hit after lawmakers questioned the pricing of a Hepatitis C drug made by Gilead Sciences. Nike fell after warning that a stronger U.S. dollar will dampen its results this quarter.

On Friday:

The Dow Jones industrial average fell 28.28 points, or 0.2 percent, to 16,302.77.

The Standard & Poor's 500 index dropped 5.49 points, or 0.3 percent, to 1,866.52.

The Nasdaq composite fell 42.50 points, or 1 percent, to 4,276.79.

For the week:

The Dow is up 237.03 points, or 1.5 percent.

The S&P 500 is up 25.27 points, or 1.4 percent.

The Nasdaq is up 31.39 points, or 0.7 percent.

For the year so far:

The Dow is down 273.89 points, or 1.7 percent.

The S&P 500 is up 18.04 points, or 1 percent.

The Nasdaq is up 100.20 points, or 2.4 percent.

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