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Wall Street Closes Lower For The Day, Mixed For The Week
Friday November 20, 2009 16:46:00 EST
(RTTNews) - Stocks moved mostly lower on Friday, as a lack of significant economic catalysts gave traders the further opportunity to cash in on recent gains ahead of next week's deluge of data. The major averages all closed in negative territory, slipping further away from Tuesday's yearly highs.
Amid some profit taking over the past few sessions, the major averages closed on a mixed note for the week. The Dow posted a weekly gain of 0.5 percent, while the Nasdaq fell 1.0 percent and the S&P 500 posted a more modest 0.2 percent weekly loss.
The weakness in the markets was partly due to disappointing quarterly results from computer marker Dell (DELL), which reported third quarter earnings that fell to $0.17 per share from $0.37 per share in the year-ago quarter. Exc (continued...)
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Friday November 20, 2009
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Global Market News
Friday November 20, 2009
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07:41:00 EST - Rangarajan Expects Indian Economy To Pick Up
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07:13:00 EST - Cox And Kings IPO Closes Today, Subscribed 6.22 Times
07:00:00 EST - HDFC Standard Life To Hit Capital Market Next Fiscal
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Industry News
Friday November 20, 2009
- Bay Street Stocks Slip Slightly Again - Canadian Commentary
17:03:00 EST - Stocks Close Mostly Lower Amid Disappointing Quarterly Results - U.S. Commentary
16:43:00 EST - Bay Street Stocks Drop For Second Straight Session
16:37:00 EST - Major Averages Close Lower For The Session, Mixed For The Week
16:14:00 EST - Bay Street Stocks Linger Slightly Below Unchanged Level - Canadian Commentary
15:09:00 EST - Major Averages Remain In The Red Going Into Final Hour Of Trading
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