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WEDNESDAY, NOVEMBER 25, 2009
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 MARKETS 
7

Dow Up 32; Big Weekly Losses

Investors quit trying to call a recovery

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(Newser) – Stocks ended mixed after falling for most of today as investors lost hope in a quick recovery, the Wall Street Journal reports. With the job market reaching new lows, General Motors took another big fall. Apple, Verizon and Amazon also saw losses. The Dow pulled up in the last half-hour to close up 32.50 at 6,626.94. The Nasdaq lost 5.74 to 1,293.85, and the S&P 500 added 0.83, settling at 683.38.

For the week, the Dow fell 6%, as did the Nasdaq. The S&P 500 lost 7%.

Specialist Samer Farhood, left, who trades Wells Fargo, works his post on the trading floor of the New York Stock Exchange today.
Specialist Samer Farhood, left, who trades Wells Fargo, works his post on the trading floor of the New York Stock Exchange today.   (AP Photo)
A Trader works the trading floor of the New York Stock Exchange today.
A Trader works the trading floor of the New York Stock Exchange today.   (AP Photo)
Specialist Gerard Petti works his post on the trading floor of the New York Stock Exchange Friday, March 6, 2009.
Specialist Gerard Petti works his post on the trading floor of the New York Stock Exchange Friday, March 6, 2009.   (AP Photo/David Karp)
Specialist Thomas J. Facchine works his post on the trading floor of the New York Stock Exchange today.
Specialist Thomas J. Facchine works his post on the trading floor of the New York Stock Exchange today.   (AP Photo)
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7 comments
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bacimom
Mar 6, 09 3:28 PM CST
Then I guess they'' have to sell off first thing Monday morning since they may have earned tuppence. Reply
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BackAgain
Mar 6, 09 3:58 PM CST
Socialism rules! But makes you hungry. Reply
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IN RESPONSE:
Snowleopard
Mar 6, 09 8:45 PM CST
Hungry? like all those starving people in sweden, switzerland, canada, france, england, new zealand, etc? Those poor poor poverty stricken countries. I'd hate to live there, with their free healthcare and universities and all.
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IN RESPONSE:
PaleRider
Mar 6, 09 10:57 PM CST
You poor, ignorant person.
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Snowleopard
Mar 6, 09 8:45 PM CST
BTW, if you want to hear a really good summary of the banking crisis, and an argument for nationalization: http://www.thisamericanlife.org/Radio_Episode.aspx?episode=375 Reply
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