The Dow Jones industrial average dropped 0.61 of a point to close at 12,019.42 but ended the week up 7 percent, the largest weekly gain since July 2009.
The average 401(k) account lost all of the gains that it had made this year, according to Fidelity Investments. Standard 401(k) accounts dropped from $72,700 to $64,300 in three months.
The Dow rose 32 points to 11555 as a jump in US consumer confidence and new efforts from European leaders to find more aggressive cures for the region's debt crisis encouraged investors
Euro stocks climbed higher Tuesday after strong signs from US consumers and the Italian debt sales. But warnings over Italy could send euro, stocks tumbling soon.
The Dow lost 53 points to close at 11493 amid a downward revision of U.S. economic growth and renewed worries about Europe's debt crisis
Stocks were sold in droves as the Congressional supercommittee failed to reach a deal to cut the deficit. The Dow turned negative, dropping 248 points to close at 11547. Stocks dropped even more sharply in Germany and France.
Stocks plunge Monday as budget talks in Washington hit gridlock. The Dow average fell more than 300 points, with all 30 stocks losing value.
The Dow gained 25 points to close at 11796 as investors balanced positive signs for the US economy with a looming deadline for Congress' deficit super committee
The Dow dropped 134 points to close at 11770 amid renewed worries about Europe's debt crisis
The Dow dropped 190.57 points to close at 11905 after Fitch ratings released a report saying that US banks could be "greatly affected" if Europe's debt crisis continues to spread