Stocks Fall Sharply Amid Credit Fears

In Asian trading, Japan's Nikkei stock average fell 0.03 percent, Hong Kong's Hang Seng index rose 0.4 percent, and China's Shanghai Composite Index rose 3.5 percent. In Europe, Britain's FTSE 100 fell 1.21 percent, Germany's DAX index fell 1.31 percent, and France's CAC-40 fell 1.48 percent.

The Dow Jones industrial average ended the week down 83.56, or 0.63 percent, at 13,181.91. The Standard & Poor's 500 index finished down 25.89, or 1.77 percent, at 1,433.06. The Nasdaq composite index ended down 50.99, or 1.99 percent, at 2,511.25.

The Russell 2000 index finished the week down 22.41, or 2.88 percent, at 755.42.

The Dow Jones Wilshire 5000 Composite Index a free-float weighted index that measures 5,000 U.S. based companies ended Friday at 14,432.34, down 278.44 for the week. A year ago, the index was at 12,826.14.


On the Net:

New York Stock Exchange: http://www.nyse.com

Nasdaq Stock Market: http://www.nasdaq.com


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