Buffalo stocks fell this week, led by General Motors Corp., Bon-Ton Stores Inc. and M&T Bank Corp.
The Buffalo Bloomberg Stock Index, an employee-weighted list of 57 companies with operations in the region, fell 9.5, or 4.9 percent, to 184.20. The index is down 3.0 percent so far this year.
General Motors fell 4 1/1 6 to end the week at 61 1/1 6, mirroring an overall slump in U.S. markets.
Bon-Ton Stores fell 2 1/1 6 to end the week at 9 1/1 6.
M&T Bank fell 48 to end the week at 449.
The Russell 1000 Financial Services, a capitalization-weighted index of financial services companies of which M&T is a member, fell 19.45, or 8.1 percent, to end the week at a six-month low of 221.36.
Leading the gainers, the American depositary receipts of Marine Midland's parent, HSBC Holdings Plc, rose 8 to 214.
Niagara Mohawk Power Corp. rose 1 3/1 6 to end the week at 16.
This week, the Buffalo Bloomberg Stock Index outperformed the Dow Jones Industrial Average, the Nasdaq Composite Index and the Standard & Poor's 500 Index.