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THURSDAY, NOVEMBER 26, 2009
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 MARKETS 
1

Banks Rally Late; Dow Up 1

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(Newser) – The market was level today as financials awaited notice of which companies would be allowed to pay back TARP funds, the Wall Street Journal reports. The good news contrasted with a drop-off in commodities and a poor performance by Apple, which announced new iPhones, laptops, and operating systems. The Dow added 1.44 to 8,764.57. The S&P sank 0.96 to 939.13. And the Nasdaq lost 7.02 to end at 1,842.40.

Traders work the floor of the New York Stock Exchange.
Traders work the floor of the New York Stock Exchange.   (AP Photo)
Traders on the floor of the New York Stock Exchange.
Traders on the floor of the New York Stock Exchange.   (AP Photo)
Traders work on the floor of the New York Stock Exchange.
Traders work on the floor of the New York Stock Exchange.   (AP Photo)
The new iPhone 3Gs.
The new iPhone 3Gs.   (AP Photo)
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The dollar shorts are just fleeing for cover. When people look at the US now, they're thinking we'll be the first out of the crisis, since we were the first in. - Marc Chandler, Brown Brothers Harriman

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SPH
Jun 8, 09 8:05 PM CDT
Until Apple opens up their platform to third party developers, they will always be second (or third as Linux is growing) tier players... Reply
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