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SUNDAY, NOVEMBER 22, 2009
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 MARKETS 
4

Dow Falls 120 on Shaky Data

Oil and metal prices see big drops

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(Newser) – Stocks tumbled into the close today as investors grew increasingly risk-averse after the release of disappointing reports on durable goods and new-home sales, the Wall Street Journal reports.

  • The Dow fell 120 points to close at 9,762.
  • The Nasdaq dropped 56 points to 2,060.
  • The S&P 500 lost 21 points, closing at 1,043.

Traders work on the floor of the New York Stock Exchange Wednesday, Oct. 28, 2009.
Traders work on the floor of the New York Stock Exchange Wednesday, Oct. 28, 2009.   (AP Photo/Richard Drew)
Trader Jonathan Corpina, left, works on the floor of the New York Stock Exchange Wednesday, Oct. 28, 2009.
Trader Jonathan Corpina, left, works on the floor of the New York Stock Exchange Wednesday, Oct. 28, 2009.   (AP Photo/Richard Drew)
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4 comments
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Netstorm2k9
Oct 28, 09 3:19 PM CDT
We don't need no water, let the motherfucka burn! Reply
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hybrid
Oct 28, 09 3:28 PM CDT
3 of the last 4 day we have been down 100 or more, lets all hope it continues for four weeks and we can buy in cheap agian! I love the market, Its so.............human. Reply
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JoeQ
Oct 28, 09 9:10 PM CDT
All the VIXes are spiking and both equities and commodities are falling. Dollar is weirdly strong coincident with record large treasury auctions. Scary stuff for an October, eh? Reply
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IN RESPONSE:
JoeQ
Oct 29, 09 12:00 PM CDT
When the VIX is high its time to buy. LOL
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