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Local Stocks

Monday, March 28, 2005; Page E06

New fears of inflation and higher interest rates drove the major U.S. stock indexes down last week. It was the third straight week of losses.

The Dow Jones industrial average fell 1.8 percent to close the shortened trading week at 10,442.87. The Standard & Poor's 500-stock index dropped 1.5 percent to finish at 1,171.42. The Nasdaq Stock Market composite index fell 0.8 percent to close at 1,991.06.

Stocks in the Washington region also declined in a trading week that ended Thursday, as Wall Street took a day off for Good Friday.

The Washington Post-Bloomberg regional stock index closed Thursday at 259.41, down 2.81 for the week.

-- Bill Brubaker

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