NEW YORK (Reuters) - Stocks pared losses in volatile trade on Friday, and the Dow briefly turned positive, as financial shares rose on short-covering, offsetting concerns about the economy after a bleak labor market report.The beaten-down financial sector bounced as investors pulled money out of commodity, energy and technology sectors.The Dow Jones industrial average fell 2.60 points, or 0.02 percent, to 11,185.63. The Standard & Poor's 500 Index dropped 3.41 points, or 0.28 percent, to 1,233.42. The Nasdaq Composite Index shed 11.15 points, or 0.49 percent, to 2,247.89.(Reporting by Ellis Mnyandu; Editing by Leslie Adler)
(c) Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.
