Markets Fizzle in Short Trading Day

Dow falls 112
By Newser Editors and Wire Services
Posted Nov 29, 2019 12:32 PM CST
Trader Gregory Rowe works on the floor of the New York Stock Exchange in this file photo.   (AP Photo/Richard Drew, File)

(Newser) – Stocks ended an abbreviated session of trading with losses after sharp drops in oil and gas prices dragged down energy companies. Trading ended earlier than usual on Friday, which was a half day for markets following Thanksgiving. All 11 sectors that make up the S&P 500 index lost ground, led by energy stocks, per the AP. Apache sank 4%, and Devon Energy fell 2.8%. Retailers were mixed as shoppers looked for deals on Black Friday. The S&P 500 lost 12 points, or 0.4% to 3,141; the Dow Jones Industrial Average lost 112 points, or 0.4%, to 28,051; and the Nasdaq lost 39 points, or 0.5%, to 8,665. Bond prices fell, and the yield on the 10-year Treasury rose to 1.77%. (Read more stock market stories.)

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