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MONDAY, NOVEMBER 23, 2009
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 MARKETS 
4

Dow Off 42, Wrapping Up Down Week for Stocks

Disappointing data drives indices lower; RIM falls 17.1%

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(Newser) – Stocks fell today after reports of a smaller-than-expected rise in new home sales and a drop in orders for durable goods over the last month. Blue chips Alcoa, Amex, and Wal-Mart all fell at least 2%, and RIM dropped 17.1% after issuing a disappointing earnings forecast. The Dow dropped 42.25 points to close at 9,665.19. The Nasdaq lost 16.69, closing at 2,090.92, and the S&P 500 fell 6.40 to settle at 1,044.38, the Wall Street Journal reports.

  • For the week, the Dow fell 1.6%, the Nasdaq lost 2%, and the S&P 500 dropped 2.2%.

Traders work on the floor of the New York Stock Exchange in this undated file photo.
Traders work on the floor of the New York Stock Exchange in this undated file photo.   (AP Photo/Richard Drew)
Traders work on the floor of the New York Stock Exchange in this undated file photo.
Traders work on the floor of the New York Stock Exchange in this undated file photo.   (AP Photo/Richard Drew)
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Nelstorm
Sep 25, 09 3:28 PM CDT
No one comments on these things... Reply
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Reader60610265
Sep 25, 09 4:13 PM CDT
That's because no one has figured out how to make it in to a left and right bashing party. Reply
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I_hate_to_say
Sep 25, 09 7:21 PM CDT
What's the point? This inforrnation is about as relevant to rnost of our everyday lives as the weather report. Reply
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yoeydude
Sep 25, 09 9:13 PM CDT
as long as unemployment numbers are up , wall street will do fine Reply
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