Like A Yo-Yo

A Volatile Wall Street Ends the Day Flat

Stock indexes on Wall Street bounced around like a yo-yo on Friday, a day after they lost 4 percent of their value.

After a quick sigh of relief on better-than-expected jobs numbers at the opening, Wall Street moved lower as fears continued to hang over markets that the United States and Europe were not doing enough to counter their economic problems.

The three major Wall Street indexes were all over the map at the close, just as they were during the day. The Dow Jones industrial average was up 60.93, or 0.54 percent, to 11,444.61. But the broader Standard & Poor’s 500-stock index was off less than a point to 1,199.37. The Nasdaq index, meanwhile, was down 23.98 points, or 0.94 percent, to 2,532.41.

http://www.nytimes.com/2011/08/06/business/daily-stock-market-activity.html?emc=na