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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: Nordstrom

Nordstrom stories: 4 news summaries

MARKETS

 Citi Paces Dow's 248-Point Drop 

Economic news and financial upheaval mean losses for stocks

(Newser) - Financial shares led stocks to deep losses today as a set of economic reports did little to reassure investors, MarketWatch reports. Citigroup lost 23.05% on news it will shed several units, while an index fund of financial shares dropped nearly 5%. The Dow closed down 248.42 at 8,... More »

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MARKETS

 Retail Pummels Stocks;
 Dow Off 338 

Weekly declines inflated by Friday sell-off

(Newser) - Poor earnings dragged the markets down today, as consumers’ reluctance to spend continues to hammer firms reliant on discretionary spending, MarketWatch reports. The day's losses capped weekly declines of at least 5% for all the indices. The Dow fell 337.94 to close at 8,497. The Nasdaq lost 79.... More »

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 Outlets Keep 
 Luxury Stores Afloat 

No frills, but great prices, greet customers at outlets, which are a growth sector

(Newser) - In a stagnant economy, luxury retailers are opening off-price outlet stores at a faster clip, drawing in customers with sale prices they’d never see at a flagship, BusinessWeek reports. Including such names as Saks, Nordstrom and Coach, a trend is emerging: While visits and sales at boutique stores... More »

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MARKETS

 Dismal Day Ends Dismal Week 

Housing, oil continue to pummel equities

(Newser) - Stocks fell today, rounding out a gloomy week as the familiar themes of housing malaise and energy costs manifested in widespread big losses, MarketWatch reports. The Dow fell 145.99 to close at 12,479.63, the Nasdaq lost 19.91, settling at 2,444.67, and the S&P... More »

4 Stories