Saturday, November 3, 2012

Stocks Edge Lower

Stocks mostly edged lower, ending the biggest weekly drop of 2012, as investors weighed steady domestic-labor data and concerns about Europe's economy and looked ahead to jobs-market data. Brendan Conway has details on The News Hub. Photo: Brendan McDermid/Reuters

Stocks mostly edged lower, capping the biggest weekly drop of the year, as investors weighed steady domestic labor data against concerns about Europe's economy.

Spanish bond yields rose to a four-month high, adding to fears about that country's finances that had sparked a selloff Wednesday. On Thursday, the Dow Jones Industrial Average retreated 14.61 points, or 0.1%, to 13060.14, extending its retreat to a third-straight day.

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