US STOCKS SNAPSHOT-Wall St ends down; up slightly for week

NEW YORK, March 4 (Reuters) – U.S. stocks closed down and
erased most of gains for the week on Friday as fears of more
geopolitical turmoil and higher oil prices threaten to stifle
rallies in coming weeks.

The worries overshadowed strong labor market news. U.S.
unemployment fell below 9 percent for the first time in nearly
two years, but investors quickly turned to focus on intensified
fighting in Libya and simmering unrest throughout the region.

Based on the latest available data, the Dow Jones
industrial average (.DJI: Quote, Profile, Research) was down 88.32 points, or 0.72
percent, at 12,169.88. The Standard & Poor’s 500 Index (.SPX: Quote, Profile, Research)
was down 9.82 points, or 0.74 percent, at 1,321.15. The Nasdaq
Composite Index (.IXIC: Quote, Profile, Research) was down 14.07 points, or 0.50 percent,
at 2,784.67.

For the week, the Dow was up 0.3 percent, while the S&P and
Nasdaq each were up 0.1 percent.
(Reporting by Caroline Valetkevitch; Editing by Kenneth
Barry)