U.S. stocks fell on Friday after a sloppy debut by Facebook Inc spoiled hopes that a spectacular open for the most-anticipated stock sale in years would brighten the mood in what has been a gloomy month for equity markets.
The Dow Jones industrial average dropped 73.11 points, or 0.59 percent, to 12,369.38. The Standard & Poor’s 500 Index lost 9.64 points, or 0.74 percent, to 1,295.22. The Nasdaq Composite Index fell 34.90 points, or 1.24 percent, to 2,778.79.
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