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News Summary: Commodity drop ends stock streak

Source : AP
Last Updated: Fri, Apr 12, 2013 21:31 hrs

'S A WRAP: A four-day surge on Wall Street came to an end on Friday as falling commodity prices brought down energy and mining stocks.

LACKS LUSTER: Gold plunged $64 to $1,501 an ounce, reaching its lowest level since July 2011. That tugged down mining companies. Barrick Gold lost 8 percent to $22.62, Newmont Mining fell 6 percent to $36.37 and Freeport-McMoRan 3 percent to $31.92.

FINAL SCORE: The Dow Jones industrial average dropped just 0.08 of a point to close at 14,865.05. The Standard & Poor's 500 lost 4.52 points, or 0.3 percent, to 1,588.85.




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