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FRIDAY, NOVEMBER 20, 2009
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 MARKETS 
3

Dow Up 17 as Jobs Stats Stall Stocks

Stock indexes finish week up 3%

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(Newser) – Stocks rose slightly today after analysts upgraded GE—a striking sign of confidence, given the troubles at its finance arm over the previous year. But any enthusiasm was tempered by the news that unemployment hit 10.2% in October, the highest level since 1983.

  • The Dow rose 17.46 points to close at 10,023.42.
  • The Nasdaq added 7.12, settling at 2,112.44.
  • The S&P 500 gained 2.67 to close at 1,069.30.

A trader shouts into his mobile phone headset as he works on the floor of the New York Stock Exchange in this undated file photo.
A trader shouts into his mobile phone headset as he works on the floor of the New York Stock Exchange in this undated file photo.   (AP Photo/Richard Drew)
Traders and Specialists work the trading floor of the New York Stock Exchange before the closing bell in this undated file photo.
Traders and Specialists work the trading floor of the New York Stock Exchange before the closing bell in this undated file photo.   (AP Photo/David Karp)
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3 comments
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Netstorm2k9
Nov 6, 09 4:36 PM CST
No one wants to touch this, huh? Well I'll do it. I thought the recession was over.... (For those who haven't gotten it yet, every time I say that, I'm being incredibly sarcastic.) Reply
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Netstorm2k9
Nov 6, 09 4:37 PM CST
On a side note, doesn't the guy in that pic look as if he's about to hurl?
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Antiks
Nov 6, 09 9:54 PM CST
This is obviously proof that Wall St. doesn't equate to the welfare of Main St. Windfall profits tax, please. Reply
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