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Stocks open lower on last trading day for 2011

Stocks open lower on last trading day for 2011

U.S. stocks are opening slightly lower on the final trading day of the year.
The Dow Jones industrial average is down 27 points at 12,260 in the first minutes of trading Friday. The S&P 500 is down 2 at 1,261. It's barely positive for 2011.
The Nasdaq is down 4 at 2,610.
Better news on the job market and home sales lifted stocks Thursday. On Friday Ford reported that its sales topped 2 million this year for the first time since 2007.
There were no major economic reports scheduled for Friday. Trading has been quiet this week with many investors away on vacation.
Markets will be closed Monday in observance of New Year's Day.