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FRIDAY, NOVEMBER 27, 2009
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 MARKETS 
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Dow Down 22; Stocks Gain for Week

Crude oil tumbles $2.65

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(Newser) – Stocks pulled back today after hitting their 2009 peaks in yesterday's session, the Wall Street Journal reports. Despite modest declines, transportation stocks—considered the first to benefit in a recovery—remained strong, with FedEx up 6.43%. Crude tumbled $2.65 to $69.20 a barrel. The Dow lost 22.07 points to close at 9,605.41. The Nasdaq fell 3.12, closing at 2,080.90, and the S&P 500 lost 1.41 to settle at 1,042.73.

  • Even with today's setbacks, stocks posted weekly gains. The Dow rose 1.7%, the Nasdaq gained 3.1%, and the S&P 500 added 2.6%.

Specialist Neil Gallagher, right, works the trading floor of the New York Stock Exchange at the beginning of trading Friday, Sept. 11, 2009.
Specialist Neil Gallagher, right, works the trading floor of the New York Stock Exchange at the beginning of trading Friday, Sept. 11, 2009.   (AP Photo/David Karp)
Broker Benedict P. Willis works the trading floor of the New York Stock Exchange Friday, Sept. 11, 2009.
Broker Benedict P. Willis works the trading floor of the New York Stock Exchange Friday, Sept. 11, 2009.   (AP Photo/David Karp)
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