Last Updated: April 30th, 2009: 4:25 PM ET---After trading with significant gains early on, the indices retraced their steps, dragged down by news that Chrysler was filing for Chapter 11 bankruptcy protection and dampening hopes for a swift economic recovery. Sector performances were mixed, however, energy (-1.9%) and financials (-0.8%) turned in the worst losses for the day. That being said, financials are still up 6.3% this week. The Dow Jones Industrial average slipped 0.2% to settle at 8,168, the S&P 500 also slid 0.1%, to 873, meanwhile, the Nasdaq Composite Index was able to squeak out a gain, closing 0.3% higher, to settle at 1,717.

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