Stocks end mixed after day of wild swings

NEW YORK - (AP) - Stocks are closing mostly lower after a day of whipsaw trading.The Dow Jones industrial average traded in a huge range of 400points. Investors are fearful that the debt crisis in Europe mightinfect banks there, roiling financial markets worldwide. Stocks opened higher Friday after the government said hiringpicked up in July, but the gains were erased within 25 minutes. The Dow closed up 61 points, or 0.5 percent, at 11,445. The S&P500 closed down a point, or 0.1 percent, at 1,199. The Nasdaqcomposite index closed down 24, or 0.9 percent, at 2,532. The Dow fell 513 points Thursday, the biggest loss since 2008. Three stocks fell for every one that rose on the New York StockExchange. Trading volume was heavy at 8.6 billion shares.

advertisement | advertise on News 12

Trending Video

Workers from New York headed to Stamford Tuesday 1 Striking Charter Communications workers protest in Stamford
Katie Rosa is a self-proclaimed 2 Hometown Hero: Katie Rosa
Funeral today for FDNY firefighter William Tolley from 3 Funeral set for FDNY firefighter killed in the line of duty
4 VIDEO: Interview with Surflight Artistic Director Steve Steiner
News 12 Long Island and Newsday take a 5 Best fast food breakfasts

advertisement | advertise on News 12


Focus on Connecticut Focus on Connecticut

Features local, state and federal officials discussing the issues around southwestern Connecticut.

Celebrates African-American culture in southwestern Connecticut. Our Lives

Celebrates African-American culture in southwestern Connecticut.

Each week News 12 Connecticut introduces you to Hometown Hero

News 12 highlights people who give to the community.

We spotlight a local team each week. Connecticut Team of the Week

Each week News 12 Connecticut highlights a team from a local school.

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.