Stumble in Greek talks pushes U.S. stocks down

2/11/2012
BLADE STAFF AND NEWS SERVICES

NEW YORK — Stocks had their worst day of the year Friday after Greece hit a roadblock on its way to a critical bailout.

The Dow Jones industrial average closed down 89.23 points at 12,801.23. The broader Standard & Poor’s 500 finished down 9.31 points at 1,342.64, posting its first losing week of the year. The Nasdaq composite closed down 23.35 points at 2,903.88.

The Dow has risen 4.8 percent in 2012 and seemed poised this week to break 13,000 for the first time since 2008.