Dow Down 154 in Wake of Dubai Crisis

American exchanges follow worldwide markets into tailspin
By M. Morris,  Newser Staff
Posted Nov 27, 2009 12:10 PM CST
Al Hayward, center, and Charles Boeddinghaus, right, of LaBranche & Co. work on the floor of the New York Stock Exchange on Friday, Nov. 27, 2009, in New York.   (AP Photo/Peter Morgan)

(Newser) – The ripple effect from the Dubai debt crisis shook markets around the world today, with American exchanges rebounding from their morning lows but still registering significant losses, the Wall Street Journal reports.

  • The Dow dropped 154.48 points to close at 10,309.92
  • The Nasdaq fell 37.61 to end the abbreviated session at 2,138.44
  • The S&P 500 lost 19.13, finishing at 1,091.50

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