Market ends down after retail profit warning : US Business

NEW YORK (Reuters) - Stocks fell on Friday as a profit warning from J.C. Penney raised concerns about slowing consumer spending while persistent worries about credit-related problems throttled financial stocks.

Based on the latest available data, the Dow Jones industrial average <.DJI> fell 86.06 points, or 0.70 percent, to end unofficially at 12,216.40. The Standard & Poor's 500 Index <.SPX> was down 10.54 points, or 0.80 percent, to finish unofficially at 1,315.22. The Nasdaq Composite Index <.IXIC>was down 19.65 points, or 0.86 percent, to close unofficially at 2,261.18.

For the week, the Dow fell 1.17 percent and the S&P dropped 1.08 percent, while the Nasdaq rose 0.14 percent.

(Reporting by Cal Mankowski; Editing by Jan Paschal)

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