How the Dow Jones industrial average fared Friday


January 31, 2015 4:00AM (UTC)

Major U.S. stock indexes closed lower Friday, their third decline for the week.

The government reported that the U.S. economy grew at a slower pace than expected in the final quarter of 2014 even as wages rose.

The Dow Jones industrial average fell 251.90 points, or 1.5 percent, to 17,164.95.

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The Standard & Poor's 500 index slid 26.26 points, or 1.3 percent, to 1,994.99.

The Nasdaq composite lost 48.17 points, or 1 percent, to 4,635.24.

For the week:

The Dow is down 507.65 points, or 2.9 percent.

The S&P 500 index is down 56.83 points, or 2.8 percent.

The Nasdaq is down 122.64 points, or 2.6 percent.

For the year:

The Dow is down 658.12 points, or 3.7 percent.

The S&P 500 index is down 63.91 points, or 3.1 percent.

The Nasdaq is down 100.82 points, or 2.1 percent.


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