In this Thursday, Jan. 10, 2013, photo, specialist Edward Zelles works on the floor of the New York Stock Exchange. Wall Street futures were mostly flat in world markets prior to the opening bell Friday Jan. 11, 2013. (AP Photo/Richard Drew)
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In this Thursday, Jan. 10, 2013, photo, specialist Edward Zelles works on the floor of the New York Stock Exchange. Wall Street futures were mostly flat in world markets prior to the opening bell Friday Jan. 11, 2013. (AP Photo/Richard Drew)
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In this Friday, Dec. 28, 2012, photo, a trader works on the floor at the New York Stock Exchange in New York. Wall Street stocks tumbled on Thursday Jen. 3. 2013 after a transcript of the last meeting of the U.S. Federal Reserve unveiled a divided opinion among central bankers over how long the Fed should keep buying bonds to support the economy. (AP Photo/Seth Wenig)
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FILE - In this Tuesday, Dec. 6, 2011, file photo, an Occupy Wall Street activist places tape on a boarded up house during a tour of foreclosed homes in the East New York neighborhood of the Brooklyn borough of New York. Goldman Sachs and Morgan Stanley announced Jan. 16, 2013, they will pay a combined $557 million to settle federal complaints that they wrongfully foreclosed on homeowners who should have been allowed to stay in their homes. (AP Photo/Mary Altaffer, File)
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FILE - In this May 11, 2012 file photo, people stand in the lobby of JPMorgan Chase headquarters in New York. JPMorgan Chase reported a 55 percent jump in earnings for the last three months of 2012 as mortgage fees and other income surged. (AP Photo/Mark Lennihan, File)
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FILE - In this March 15, 2012 photo, a trader works in the Goldman Sachs booth on the floor of the New York Stock Exchange. Goldman Sachs announced Wednesday, Jan. 16, 2013 that its earnings almost tripled in the fourth quarter as investment banking revenues surged. (AP Photo/Richard Drew)
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FILE - In this May 14, 2012, file photo, people arrive at JPMorgan Chase headquarters in New York. Legal troubles and regulatory scuffles keep piling up for the banking industry, a fact that's sure to drag down results when the banks start reporting fourth-quarter earnings beginning Friday, Jan. 11, 2013. (AP Photo/Mark Lennihan, File)
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FILE - In this Tuesday, Sept. 25, 2012 file photo, a protester wears glasses with the euro and dollar symbols painted on the lenses before protesting the conservative government's handling of the economic crisis and to demand fresh elections, in Madrid. Many had hoped that 2012 would be the year when the global economy finally regained its vigor, but the three largest economies: The United States, China and Japan struggled, while the 17 countries that use euro endured a third painful year in their financial crisis and slid into recession, and emerging economies slowed. (AP Photo/Paul White, File)
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FILE - In this May 12, 21012 file photo, protesters pack the Puerta del Sol plaza in central Madrid. Worldwide growth was slack again in 2012. The global economy grew just 3.3 percent, down from 3.8 percent in 2011 and 5.1 percent in 2010, the International Monetary Fund estimates. (AP Photo/Paul White, File)
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FILE - In this Nov. 1, 2012 file photo, President Barack Obama speaks during a campaign event at Cheyenne Sports Complex in Las Vegas. In 2012, Obama vaulted to a re-election victory over Mitt Romney, who had staked his bid on the weakest U.S. economic rebound since the Great Depression and had pledged to slash taxes. Yet Obama won despite the highest unemployment rate of any president seeking re-election since World War II. (AP Photo/Pablo Martinez Monsivais, File)
How the Dow Jones average fared Wednesday
More problems for
Boeing's 787 sent the aircraft maker's stock down sharply Wednesday, dragging the Dow Jones industrial average lower.
Goldman Sachs and
JPMorgan Chase, the country's largest bank, rose after both posted quarterly results that trounced analysts' estimates.
The Dow Jones industrial average lost 23.66 points, or 0.2 percent, to close at 13,511.23.
The Standard & Poor's 500 rose 0.29, or less than 0.1 percent, to 1,472.63.
The Nasdaq composite index rose 6.77 points, or 0.2 percent, to 3,117.54.
For the week:
The Dow is up 22.80 points, or 0.2 percent.
The S&P 500 is up 0.58 points, or 0.04 percent.
The Nasdaq is down 8.09 points, or 0.3 percent.
For the year:
The Dow is up 407.09 points, or 3.1 percent.
The S&P 500 is up 46.44, or 3.3 percent.
The Nasdaq is up 98.03, or 3.3 percent.
Tags:
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