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US STOCKS-Financial rally lifts Dow, S&P; week ends lower

Reuters

NEW YORK (Reuters) - U.S. stocks ended their worstweek in months with modest gains Friday, as bargain-huntingamong financial stocks offset a government report showingfurther deterioration in the U.S. labor market.

The Dow Jones industrial average was up 32.73points, or 0.29 percent, at 11,220.96. The Standard & Poor's500 Index was up 5.48 points, or 0.44 percent, at1,242.31. The Nasdaq Composite Index was down 3.16points, or 0.14 percent, at 2,255.88.

For the week the Dow fell 2.8 percent, the S&P dropped 3.2percent and Nasdaq fell 4.7 percent.

The S&P posted its worst one-week percentage drop sinceMay. (Editing by Leslie Adler)

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