U.S. stocks finished lower on Friday, as investors turned their focus to developments in Europe and the continuing financial crisis.
In world markets, European stocks ended mixed, as both the FTSE 100 in Britain and the DAX in Germany fell 0.3 percent and the CAC 40 in France rose 0.1 percent. Asian markets ended higher, led by the Shanghai Composite rising 1.4 percent.
In U.S. company news, Yelp Incorporated made its stock-market debut Friday after pricing its initial public offering (IPO) of stock above its targeted range. Late Thursday, Yelp priced its IPO of stock at $15 a share, above its expected range of $12 to $14.
The U.S. dollar rose against the euro and rose against the yen. Light sweet crude oil for April delivery fell $2.14 to $106.70 a barrel on the New York Mercantile Exchange. Gold futures fell $12.40 to $1,709.80 an ounce.
The Dow Jones industrial average fell 2.73, or 0.02 percent, to 12,977.57. The broader Standard & Poorâ€™s 500 index fell 4.46, or 0.3 percent, to 1,369.63. The technology-heavy Nasdaq composite index fell 12.78, or 0.4 percent, to 2,976.19.