THE MARKETS

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Dow Jones industrial average down 33.65 points, closing at 3,874.81 . . . N.Y.S.E.'s composite index lost 2.44, to 258.38 . . . NASDAQ stock dipped 5.57, to 763.73 . . . American Stock Exchange dropped 0.97, to 454.54 . . . Gold gained $1.20, to $391.70, on the Commodity Exchange in New York . . . The 30-year Treasury bond closed with a yield of 7.70 percent, up from 7.56 late Thursday.