Dow, S&P hit lows on fresh credit jitters

NEW YORK (Reuters) - The Dow and S&P 500 sank to session lows on Friday, erasing an early attempt at a rally as investors dumped financial shares amid another bout of worry about a possible fire sale of risky credit derivatives.

The Dow Jones industrial average was down 82.42 points, or 0.67 percent, at 12,164.58. The Standard & Poor's 500 Index was down 8.03 points, or 0.60 percent, at 1,328.88. The Nasdaq Composite Index was up 2.51 points, or 0.11 percent, at 2,295.54.