Coming Up Short

With markets closed for Good Friday, the Dow Jones industrial average ended the shortened week down 28 points, closing at 10,442. The last day of trading started on a strong note, with solid earnings reports from General Electric and other blue chips. But ongoing violence in Iraq, warnings of bombs on Paris trains and Condoleezza Rice’s appearance before the 9/11 Commission kept the bulls at bay. On the Nasdaq, Yahoo!’s shares rose 16 percent to close last Thursday at $56.21, following news that its first-quarter net income doubled on revenue of $758 million. The company plans to split shares of its common stock on May 11. On the Big Board, Omnicom shares declined 1.6 percent to close the week at $81.18, while IPG’s stock price rose 2.3 percent to $16.26. WPP, trading as American Depository Receipts on the Nasdaq, gained 1.0 percent to finish at $52.90.