October 30, 2009 Trading wipes out weeks of gains Play video

(NECN) - Friday's turndown in the market helped wipe out several weeks of gains for the month of October.

The Dow and NASDAQ ended October virtually flat.

Jim Lowell, chief investment strategist with Adviser Investments and editor of FidelityInvestor.com.

• Dow Jones Industrial Average closes at nearly 9,713 -- tumbles almost 250 points
• Blue Chips lost 2.5 percent on the week
• Dow unchanged for month of October
• NASDAQ Composite finished at 2,045 -- lost 52 points
• On the week, NASDAQ fell 5 percent
• Tech Heavy Index down 77 points for the month
• S&P 500 ends at 1,036 -- falls nearly 30 points
• Bloomberg's New England Index drops 7 points
• New England Tech Stock Index falls 2.25 points