Dow Drops 94, Tech Stalls

Jobless claims come in flat for the week
By Nick McMaster,  Newser Staff
Posted Nov 19, 2009 3:24 PM CST
Traders work on the floor at the New York Stock Exchange in New York, Thursday, Nov. 19, 2009.   (AP Photo/Seth Wenig)
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(Newser) – Stocks pulled up from their session lows but still suffered deep losses thanks to a downgrade in the semiconductor industry and an unchanged number of jobless claims, the Wall Street Journal reports.

  • The Dow dropped 94 points to close at 10,332.
  • The Nasdaq fell 36 points to 2,157.
  • The S&P 500 lost 15 points, settling at 1,095.