Inflationary Pressures Keep Lid On StocksInflationary Pressures Keep Lid On Stocks

Stocks ended mixed Friday after a government report showed consumer price increases slowed in April but that enough inflationary pressures remain to trigger a possible rise in interest rates next month.

The information 100 index closed down 6.7 points, or 2.2%, to 302.90 and was down 1.5% for the week. The Dow Jones industrial average closed up 2.13 points, or 0.02%, to 10,012.87. The Nasdaq index fell 21.78 points, or 1.1%, to end the day at 1,904.25. The Standard & Poor's 500 stock index lost eight-tenths of a point, or 0.1%, to close at 1,095.63. Each of the indexes lost ground for the third straight week: The Dow fell 1%, the Nasdaq fell 0.7%, and the S&P 500 fell 0.3%.

The Nasdaq-100 tracking stock fell 19 cents to $34.82, a decline of 0.5%. It was down 0.4% for the week. The Labor Department said Friday that the consumer-price index rose by 0.2% in April, less than half of March's 0.5% rise. The "core" consumer-price index, which excludes the volatile food and energy sectors, rose by 0.3%, slightly more than Wall Street had expected. The core CPI has risen 1.8% so far this year, within a range the Federal Reserve considers acceptable for the economy. But investors fear that historically high inflation means the Fed will raise interest rates when it next meets late next month. The key federal funds rate stands at 1%, a 46-year low.

See the full listing of all the companies in the information 100 and the top 5 percentage winners and losers for the last closing at information.com/stocks.