Getting your player ready...
NEW YORK — Financial markets remained on edge Friday after the Bush administration’s proposal for a $700 billion banking bailout ran into opposition from Republican lawmakers.
Stocks ended mixed, with big financial companies lifting the Dow Jones industrials more than 120 points, but worries about smaller banks and parts of the technology sector took much of the market lower. Volume was relatively light Friday as many investors chose to just wait.
The Dow rose 121.07, or 1.10 percent, to 11,143.13. The Standard & Poor’s 500 index rose 4.09, or 0.34 percent, to 1,213.27, and the technology-heavy Nasdaq composite index fell 3.23, or 0.15 percent, to 2,183.34.
