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THURSDAY, NOVEMBER 26, 2009
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 MARKETS 
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Worries Prevail, Dow Falls 42

Industrial, financial stocks pace declines

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(Newser) – Stocks fell today, ending a 4-day winning streak for the Dow as worries about grim first-quarter earnings reports spooked investors, the Wall Street Journal reports. Alcoa, which will give its report tomorrow, fell 4.3%, as did Caterpillar, off 3.5%. The Dow fell 41.74 to close at 7,975.85. The Nasdaq lost 15.16, settling at 1,606.71, and the S&P 500 dropped 7.02 to 835.48.

A trader looks works on the floor of the New York Stock Exchange in this undated file photo.
A trader looks works on the floor of the New York Stock Exchange in this undated file photo.   (AP Photo)
A trader sits at a post on the floor of the New York Stock Exchange in this undated file photo.
A trader sits at a post on the floor of the New York Stock Exchange in this undated file photo.   (AP Photo/Jin Lee)
A trader works on the floor of the New York Stock Exchange in this undated file photo.
A trader works on the floor of the New York Stock Exchange in this undated file photo.   (AP Photo)
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I'm still very tentative and incapable of feeling a lot of confidence in committing money to equities. There is no core, fundamental reason to get committed to this market.
- Dan Morgan, Synovus Securities

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