Thursday, January 20, 2011

Wall Street stocks end down as Goldman weighs


The S&P 500 suffered its biggest decline in nearly two months on Wednesday as disappointing results from Goldman Sachs (GS.N) and Wells Fargo (WFC.N) put a damper on the rally.
Based on the latest available data, the Dow Jones industrial average (.DJI) was down 12.86 points, or 0.11 percent, to end unofficially at 11,825.07. The Standard & Poor’s 500 Index (.SPX) was down 13.10 points, or 1.01 percent, to finish unofficially at 1,281.92. The Nasdaq Composite Index (.IXIC) was down 40.49 points, or 1.46 percent, to close unofficially at 2,725.36.

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