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FRIDAY, NOVEMBER 27, 2009
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 MARKETS 
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Dow Up 14; Nasdaq Drops 26

IBM's stock-buyback plan buoys market

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(Newser) – Stocks were mixed today, with the Dow boosted by IBM after the firm announced a stock-buyback plan amid weakness elsewhere in tech and in consumer discretionary stocks, the Wall Street Journal reports.

  • The Dow rose 14 points to close at 9,882.
  • The Nasdaq lost 26 points to 2,116.
  • The S&P 500 fell 4 points to 1,063.

Trader David O'Day works on the floor of the New York Stock Exchange in this undated file photo.
Trader David O'Day works on the floor of the New York Stock Exchange in this undated file photo.   (AP Photo/Richard Drew)
Traders get together on the floor of the New York Stock Exchange in this undated file photo.
Traders get together on the floor of the New York Stock Exchange in this undated file photo.   (AP Photo/Richard Drew)
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