Wall Street Happenings- December 3, 2009
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Posted: 9:19 PM Dec 3, 2009
Wall Street Happenings- December 3, 2009
Late-day slide hits stocks ahead of jobs report
Reporter: Associated Press/ Amy Long
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NEW YORK (AP) -- A late-day slide has pulled stocks lower ahead
of the government's report on November unemployment.
Stocks began falling in the final half-hour of trading and the
drop intensified in the final 20 minutes.
Worries about the economy had been dogging investors Thursday
following a weak snapshot of the service industry.
The government releases November unemployment figures Friday.
For the day, the Dow Jones industrials are down 87 at 10,366.
The Standard & Poor's 500 index down 9 at 1,100. The Nasdaq
composite index is down 12 at 2,173.
Two stocks fell for every one that rose on the New York Stock
Exchange. Volume totaled 1.1 billion compared with 1 billion
Wednesday.
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