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TUESDAY, NOVEMBER 24, 2009
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 MARKETS 
1

Dow Retreats 12 on Weak Data

Consumer confidence falls from last month

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(Newser) – Stocks closed slightly lower today as falling crude prices and shares of energy firms weighed on the broader market, the Wall Street Journal reports. Exxon and Chevron both fell around 1% off a decline of $1.15 in crude oil prices, which stand at $67.32 a barrel. A new report also said consumer confidence dipped again. The Dow fell 12 points to close at 9,097. The Nasdaq gained 8 points, settling at 1,976, while the S&P 500 closed down 3 points at 980.

Traders and Specialists work the floor  of the New York Stock Exchange in this undated fiel photo.
Traders and Specialists work the floor of the New York Stock Exchange in this undated fiel photo.   (AP Photo/David Karp)
In this Aug. 19, 2008, file photo, the Chevron Genesis Oil Rig Platform in the Gulf of Mexico near New Orleans, La.
In this Aug. 19, 2008, file photo, the Chevron Genesis Oil Rig Platform in the Gulf of Mexico near New Orleans, La.   (AP Photo/Mary Altaffer)
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Bryanw55
Jul 28, 09 3:51 PM CDT
Stocks are so over-valued right now, if I had any, I'd bail-even if I was down 40% over the past year. Reply
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