Dow ends down when the Fed’s decision on bank capital collapses financial stocks

Shares ended mixed on Friday, but the Dow Jones Industrial Average lost ground as the Federal Reserve’s decision not to extend a temporary rule that relaxed bank capital requirements put pressure on the financial sector. The Dow DJIA,
-0.71%
it lost about 234 points, 0.7%, to close to 32,628, according to preliminary data. The S&P 500 SPX,
-0.06%
fell around 3 points, or 0.1%, to 3,912, while the Nasdaq Composite COMP
+ 0.76%
it withdrew from the previous weakness to rise by about 99 points, or 0.8%, to end near 13,215. Bank shares fell, with JPMorgan Chase & Co. JPM,
-1.59%
losing 1.6%, while Goldman Sachs Group Inc. GS,
-1.09%
threw 1.1%. During the week, the Dow fell 0.5%, while the S&P 500 and Nasdaq Composite lost 0.8% each.