The Dow ends below as the Fed’s decision on bank capital sinks financial stocks

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Shares ended mixed on Friday, but the Dow Jones industrial average lost ground as the Federal Reserve’s decision not to extend a temporary rule relaxing bank capital requirements pressed the financial sector. The Dow DJIA,
-0.71%
it lost about 234 points, or 0.7%, to approach 32,628, according to preliminary figures. S&P 500 SPX,
-0.06%
fell around 3 points, or 0.1%, to 3,912, while Nasdaq Composite COMP heavy technology,
+ 0.76%
returned from the previous weakness to increase by about 99 points, or 0.8%, to end near 13,215. Bank shares fell, with JPMorgan Chase & Co. JPM,
-1.59%
losing 1.6%, while Goldman Sachs Group Inc. GS,
-1.09%
lost 1.1%. For the week, the Dow fell 0.5%, while the S&P 500 and Nasdaq Composite each lost 0.8%.

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