May 14, 2011 09:39 am | Updated 09:39 am IST - New York
Traders work on the floor of the New York Stock Exchange. Photo: AP
U.S. stocks fell Friday, wiping out a weekly gain, led downward by CA Inc, the second-largest software maker for mainframe computers.
The Standard & Poors broad 500 Index fell 10.88 points or 0.8 per cent to 1,337.77, for a decline of 0.2 per cent for the week. The blue chip Dow Jones Industrial Average dropped 100.17 points, or 0.8 per cent, to 12,595.80. The high tech NASDAQ index lost 34.57 points, or 1.21 per cent, to 2,828.47.
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