The New York equities markets were lower at mid-session on Friday, reflecting what looked to end up a losing week for everyone but the Dow Jones Industrial Average. The Dow was lower by 0.1 percent at the mid-point in the day, to 11,009.19, but was on course to finish 1.1 percent higher on the week. Meanwhile, the Nasdaq Composite was down 0.6 percent on the day so far and down 0.2 percent on the week to 2,130.38. The S&P 500 was 0.5 percent lower on the day to 1,250.24, also 0.1 percent lower over the week.
Oil services companies were off for the week, as Schlumberger was down 2.3 percent to $57.88 and BJ Services also lost 2.3 percent, to $35.24.
Banks were down, as well, though not by as much as they could have been. Lehman Brothers, down by 11 percent at one point in the week, was down 4 percent to $62.97 by mid-session on Friday, and Goldman Sachs was off 4 percent to $143.94 where it had been down by as much as 8.7 percent earlier in the week. Bear Stearns was 3.1 percent lower to $132.18.
Stock exchange operators also ended the week in negative territory. Intercontinental Exchange was down 2.7 percent to $49.45, while Nasdaq lost 3.2 percent to $25.52 and NYSE Group declined by 6.4 percent to $53.50.
Ethanol producer Verasun Energy began trade on Wednesday, gaining 30 percent on its first day of availability. While it lost value on Thursday, mid-day Friday found it still 8.7 percent ahead for the week at $25.00.