General Electric

(GE) - Get Report

missed badly on its earnings on Friday, and that took the air out of the major averages.


Dow Jones Industrial Average

fell 257 points to 12,325, and the

S&P 500

dropped 28 points to 1333 -- 2% apiece. The

Nasdaq Composite

fell 61 points, or 2.6%, to 2290.

All three averages were down substantially for the week: Over the past five sessions, the Dow has given up 2.3%, the S&P 2.7%, and the Nasdaq 3.4%.

So, can the market rebound next week or will we see more signs of a halting economy? Please vote in our poll below.

This article was written by a staff member of