Also on Friday, a government report showed that incomes and consumer spending grew slightly last month. The increases suggest anemic growth that is not strong enough to accelerate the economic recovery.

The Dow Jones industrial average fell 82 points, or 0.5 percent, to 15,245 as of 11 a.m. Eastern Time Friday. The Standard & Poor's 500 index fell seven points to 1,691. The Nasdaq composite fell four points to 3,783.

Unless stock prices turn around, Friday would be the sixth trading day of the past seven with declines for the S&P 500 and Dow.

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