Stocks finish the week lower

August 9, 2013: 4:18 PM ET
Dow week 4:22pm
Click chart for more markets data.
NEW YORK (CNNMoney)

The bull must be on summer vacation. Stocks ended the week with losses.

The Dow Jones Industrial Average, the S&P 500, and the Nasdaq all fell Friday. The Dow dropped more than 100 points at one point in mid-day trading before recovering a bit. But there did not appear to be a clear reason for the sell-off.

Stock market trading is typically muted in August.

But even with the major indexes all shedding about 1% this week, the market hasn't lost all that much momentum. Stocks have still gained between 18% and 23% in 2013.

Click here for more on stocks, bonds, commodities and currencies

Can Priceline top $1,000? Even though the broader market wasn't doing much, there were several high-profile stocks on the move. Priceline.com (PCLN) shares moved closer to $1,000. The online travel company posted quarterly earnings Thursday that beat expectations.

Priceline flies closer to $1,000

Traders on StockTwits see room for quick profits in the online travel company.

Zubair84: $PCLN Thanks to Mr.Shatner for making me one day closer to retirement..i should retire after this sick run lol

howardlindzon: Standing Ovation for Priceline and it's long term shareholders...outstanding - unsung internet hero $PCLN http://stks.co/rO3C"

J.C. Penney (JCP) shares fell more than 7%, one day after gaining 7%. Activist investor Bill Ackman wants a new CEO, and in a letter, stated how worried he is about the health of the company.

Traders are terrified about the retailer's prospects.

tuberdr11: $JCP YOU MUST READ THIS. This company is in serious, serious trouble by the sound of this letter. Ive never seen this http://stks.co/deBP

Harvey_s: $JCP The bottom callers always get screwed because things can actually go lower than you may realize , faster than you can imagine

Related: Fear & Greed Index, still idling in neutral

Shares of BlackBerry (BBRY) surged, after Reuters reported that the Canadian smartphone company is looking for a buyer to take it private.

Still not everyone was sure that the BlackBerry rally had staying power.

flowerpoweredQE2infinity: $BBRY while i agree their assets are worth $15/share, the fact that they mentioned they're open 2 a buyout means it won't happen

dragenn: $BBRY This will sell off over the next couple of days. Sell side pressure hasnt stopped. I doubt It'll hold high into next week.

On the international stage, both European markets and Asian stocks moved slightly higher.

Join the Conversation
Markets
Sponsored by
Index Last Change % Change
Dow 16,912.11 -70.48 -0.42%
Nasdaq 4,442.70 -2.21 -0.05%
S&P 500 1,969.95 -8.96 -0.45%
Treasuries 2.46 -0.03 -1.16%
Data as of 7:10am ET
Company Price Change % Change
Frontier Communicati... 6.79 0.85 14.31%
AT&T Inc 36.59 0.94 2.64%
CenturyLink Inc 39.90 2.19 5.81%
Bank of America Corp... 15.34 -0.16 -1.03%
Apple Inc 98.38 -0.64 -0.65%
Data as of Jul 29
Overnight Avg Rate Latest Change Last Week
30 yr fixed4.29%4.30%
15 yr fixed3.23%3.29%
5/1 ARM3.33%3.45%
30 yr refi4.26%4.27%
15 yr refi3.20%3.26%
View rates in your area
 
Find personalized rates:
Rate data provided
by Bankrate.com