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THURSDAY, NOVEMBER 26, 2009
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 MARKETS 
12

Dow Falls 203 Ahead of Jobs Report

ISM report, job fears drive biggest 1-day drop since July

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(Newser) – Stocks suffered broad declines today after a manufacturing report that failed to meet expectations. That report, combined with worse-than-expected weekly jobless claims, have investors worried ahead of the government's nonfarm payroll report, due tomorrow. The Dow fell 203 points to close at 9,509. The Nasdaq lost 65 points, closing at 2,057, and the S&P 500 fell 27 points to settle at 1,030, the Wall Street Journal reports.

Traders work on the floor of the New York Stock Exchange moments before the closing bell in this undated file photo.
Traders work on the floor of the New York Stock Exchange moments before the closing bell in this undated file photo.   (Getty Images)
A trader works on the floor of the New York Stock Exchange moments before the closing bell in this undated file photo.
A trader works on the floor of the New York Stock Exchange moments before the closing bell in this undated file photo.   (Getty Images)
A trader works on the floor of the New York Stock Exchange during morning trading in this undated file photo.
A trader works on the floor of the New York Stock Exchange during morning trading in this undated file photo.   (Getty Images)
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12 comments
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Jayster999
Oct 1, 09 3:19 PM CDT
You lefties want to Obama to do something worthwhile? Why don't you pressure him to bring American factory jobs back home? We won't have money for his socialist programs when 15% of the country is unemployed. Reply
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-1
IN RESPONSE:
Doctor_Zaius
Oct 1, 09 3:27 PM CDT
We're working on it. Remember Bush didn't ruin America overnight, it took 8 long years. It may take some time to fix it.
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+2
IN RESPONSE:
IndependentThinker
Oct 1, 09 3:41 PM CDT
Wait you bitch and bitch about government interfering with big business all day long and now you want them to step in? Is that just so you can complain some more what they are butting in where they don't belong? So you do think that business needs to be regulated by government. And who is moving the jobs out of the nation? Is it the government or big business? You republicans are so 2faced.
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+1
IN RESPONSE:
Jayster999
Oct 1, 09 3:52 PM CDT
Let me try and explain this in basic terms for you IT: REAL conservatives (NOT Neo-Cons) believe the free market--BUT we also believe in nationalism. We want American jobs kept in America. Corporations are fine as long as they pay a FAIR share of taxes (we don't believe in corporate welfare any more than we like the kind you liberals are so in love with). YES, we want low taxes, ESPECIALLY on small business, which is really the backbone of the middle class and our country as a whole. If you overtax these small businesses (who operate on very thin margins generally), you will kill the goose that lays the golden eggs. Now what part of that eluded you?
Vote up! Vote down!
+2
IN RESPONSE:
Guava_Jelly
Oct 1, 09 3:58 PM CDT
@IndependentThinker: This might come as shock to you but NOT all republicans oppose forms of government regulation. I certainly do not believe all Democrats (excluding yourself from reading your prior posts) like Communisim. Would you say thats a fair statment???
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