Tuesday, May 17, 2011

How the major stock indexes fared Tuesday

A lower earnings forecast by tech giant Hewlett-Packard and concerns about the economy's strength dragged down the Dow Jones industrial average Tuesday. Gains in bank and utilities stocks limited the market's overall losses.

The Dow Jones industrial average lost 68.79 points, or 0.5 percent, to close at 12,479.58.

The Standard & Poor's 500 index fell 0.49, or less than 0.1 percent, to 1,328.98.

The Nasdaq rose 0.90, or less than 0.1 percent, to 2,783.21.

For the week:

The Dow is down 116.17, or 0.9 percent.

The S&P is down 8.80, or 0.7 percent.

The Nasdaq is down 45.26, or 1.6 percent.

For the year to date:

The Dow is up 902.07, or 7.8 percent.

The S&P is up 71.34, or 5.7 percent.

The Nasdaq is up 130.34, or 4.9 percent.