Stock indexes down for week but up for year

October 2, 2010 at 12:44AM

NEW YORK - The Dow and the Standard & Poor's 500 index had their first down week after four weeks of gains.

The Dow Jones industrial average rose 41.63, or 0.4 percent, to close at 10,829.68. It's down 0.3 percent for the week and up 3.9 percent for the year.

The Standard & Poor's 500 index rose 5.04, or 0.4 percent, to 1,146.24. It's down 0.2 percent for the week and up 2.8 percent for the year.

The S&P 500 again touched the 1,150 level in early trading Friday, but was unable to hold above that threshold, a level it has not closed above since early May. The Nasdaq composite rose 2.13, or 0.1 percent, to 2,370.75. The tech-heavy index is down 0.4 percent for the week and up 4.5 percent for the year, making it the best-performing major stock index for 2010.

ASSOCIATED PRESS

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