How the Dow Jones industrial average and other major indexes fared on Thursday

Markets Associated Press

The stock market ended lower Thursday following weaker earnings from banks.

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Bank of America fell 5 percent after it reported an 11 percent slide in fourth-quarter net income, hurt by a slowdown in trading revenue.

The Dow Jones industrial average dropped 106.38 points, or 0.6 percent, to 17,320.71.

The Standard & Poor's 500 index fell 18.60, or 0.9 percent, to 1,992.67.

The Nasdaq composite fell 68.50, or 1.5 percent, to 4,570.82.

For the week:

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The Dow is down 416.66 points, or 2.4 percent.

The S&P 500 is down 52.14 points, or 2.6 percent.

The Nasdaq is down 133.24 points, or 2.8 percent.

For the year:

The Dow is down 502.36 points, or 2.8 percent.

The S&P 500 is down 66.23 points, or 3.2 percent.

The Nasdaq is down 165.23 points, or 3.5 percent.