Stocks ended down on Wall Street as Chevron lead the Dow Jones Industrial Average lower as oil prices plunged.Technology shares rose after Goldman Sachs upgrade on the hardware.On Friday, the 30-stock Dow Jones industrial average was down 0.45 percent,down 36.65 points to 8146.52. The broad Standard & Poor's 500 index was down 3.55 points, down 0.4 percent, to 879.13.Nasdaq composite index gained 3.48 points,up 0.2 percent, to 1756.03.

Crude Oil prices fell below $60 a barrel,adding pressure on the energy sector,Chevron was down 2.7 percent,Exxon Mobil was down 80 cents, or 1.2%, to $65.17.Hardware companies including Dell Inc. ,Arrow Electronics, Hewlett-Packard and Seagate Technology were among upgrade from Goldman Sachs.

For the week, the Dow lost 1.6 percent, the S&P 500 index slid 1.9 percent and the Nasdaq lost 2.3 percent.Intel, JPMorgan, Bank of America, Citigroup and General Electric, are to anounce their earnings next week.

FTSE 100 index ended down 0.76 percent down 31.49 points to 4127.17,Germany's DAX closed down 1.16 percent down 53.76 points to 4576.31,France's CAC 40 down 1.42 percent down 42.84 points to 2983.1.

U.S. light crude oil for August delivery fell 52 cents to settle at $59.89 a barrel on the New York Mercantile Exchange.Gold was down 0.40 percent down $4 to settle at $913 an ounce.Yen rose on Friday and dollar rose against other currencies.
Friday,10 July 2009