Dow ends down 39 on gloomy economic news

Wendy's International Inc. rose 43 cents to $67 after a federal judge told the hamburger chain it could go ahead with its planned Friday spinoff of its profitable Tim Hortons coffee and doughnut unit, rejecting a last-ditch effort by bondholders to block it.

Jabil Circuit Inc. fell 20 cents to $28.57 after it said it expects to record a $120.2 million charge related to its restructuring plan. Jabil, which makes electronics and other equipment for larger technology companies, said in a filing with the

Securities and Exchange Commission that it intends to incur the charge for the period ended Aug. 31.

Drug maker Eli Lilly and Co. fell 32 cents to $57 after it said it would decide whether to sink another five years of development into a proposed treatment for a diabetic eye disease after the

Food and Drug Administration asked for additional data before granting approval.

Advancing issues led decliners by 3 to 2 on the

New York Stock Exchange, where consolidated volume was 2.28 billion shares, down from 2.36 billion Thursday.

The Russell 2000 index of smaller companies fell 6.97, or 0.95 percent, to 725.59.

Overseas, Japan's Nikkei stock average rose 0.64 percent. Britain's FTSE 100 fell 0.18 percent, Germany's DAX index rose 0.25 percent, and France's CAC-40 was unchanged, but is up 11.34 percent for the year.

The Dow Jones industrials ended the week up 170.97, or 1.49 percent, to finish at 11,679.07. The S&P 500 index rose 21.07, or 1.60 percent, to 1,335.85.