Friday

The financial sector led a drop in U.S. stocks Friday as an adverse foreclosure ruling for banks in a Massachusetts court gave investors another cause for concern on top of a disappointing jobs report. The Dow's financial components led its decline, with J.P. Morgan Chase slipping 1.9% and Bank of America falling 1.3%. The decline came after the Massachusetts State Supreme Judicial Court upheld a decision that two foreclosures from U.S. Bancorp and Wells Fargo were invalid because the banks failed to show they held the mortgages at the time of the foreclosure. Still, U.S. stocks finished the first week of 2011 in the black, with the Dow up .84% and the S&P 500 up 1.1%. DJIA -22.55 Nasdaq -6.72 S&P 500 -2.35.