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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: nasdaq

nasdaq stories: 3 news summaries

MARKETS

 Dow Up 14; Nasdaq Drops 26 

IBM's stock-buyback plan buoys market

(Newser) - Stocks were mixed today, with the Dow boosted by IBM after the firm announced a stock-buyback plan amid weakness elsewhere in tech and in consumer discretionary stocks, the Wall Street Journal reports.
  • The Dow rose 14 points to close at 9,882.
  • The Nasdaq lost 26 points to
... More »

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Merck News Gives Markets Shot in the Arm

Dow rises 92.34 on component's earnings, big oil merger

(Newser) - Stocks rallied across the board today, after a number of major buyouts and earnings reports diverted traders' attentions from the foundering subprime market and an enervated dollar once again. The Dow was up 2.34 to 13943.42 after drug-maker Merck, a major component of the index, reported its best... More »

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Stocks Drop on Fed Chief's Mixed Report

Tech earnings, Bear Stearns, Bernanke send Dow tumbling 53.33

(Newser) - US markets sank today after two Bear Stearns hedge funds were revealed to be worthless and the Fed Chairman expressed concerns about the stability of the economy. Testifying before the House, Ben Bernanke said he expects growth next year, but stressed that the sinking housing market continues to saddle the... More »

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3 Stories