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(AFX UK Focus) 2009-11-27 18:27
US STOCKS SNAPSHOT-Wall Street drops on Dubai worries
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NEW YORK, Nov 27 (Reuters) - U.S. stocks fell in Friday's abbreviated session as a possible debt default by a Dubai state-owned conglomerate fueled concern that the global financial system was not fully stabilized.

  • THE DOW JONES INDUSTRIAL AVERAGE DROPPED 154.48 points, or 1.48 percent, to end unofficially at 10,309.92. The Standard & Poor's 500 Index slid 19.14 points, or 1.72 percent, to finish unofficially at 1,091.49. The Nasdaq Composite Index tumbled 37.61 points, or 1.73 percent, to close unofficially at 2,138.44.

  • INDEXES FINISHED OFF THEIR WORST LEVELS AFTER THE U.S. dollar gave up earlier gains and global commodity prices regained ground. Major U.S. indexes had dropped 2 percent or more shortly after the open.

  • THE U.S. STOCK MARKET TRADED IN AN ABBREVIATED SESSION following the U.S. Thanksgiving Day holiday.

    For the week, the Dow dipped 0.1 percent, the S&P 500 edged up 0.01 percent and the Nasdaq slipped 0.4 percent. (Reporting by Ellis Mnyandu; Editing by Jan Paschal) Keywords: MARKETS STOCKS/CLOSE ============================================================== To access running updates on what's moving U.S. stocks double click on ============================================================== For other U.S. market data and news, click on codes in brackets: U.S. Equities speed guide........................ S&P 500 index ........................................ Dow Jones industrial average.......................... Nasdaq Composite index............................... Nasdaq 100............................................ Russell 2000 small cap................................ S&P major sectors.............................. NYSE most active..................................... Nasdaq most active................................... Top NYSE pct gainers................................. Top NYSE pct losers.................................. Top Nasdaq pct gainers............................... Top Nasdaq pct losers................................ 52 week highs: NYSE............... Nasdaq.............. 52 week lows: NYSE............... Nasdaq.............. Main global stock indexes and market reports: FTSE Eurotop 300 ..... European report ....... Nikkei 225............. Tokyo report............ FTSE 100............... London report........... Xetra DAX............. Frankfurt market stories CAC-40................. Paris market stories... World Indices..................................... Reuters survey of world bourse outlook......... U.S. IPO diary........................................ U.S. Asset Allocation Table....................... More Reuters News on equities at a glance: Equities ............ US company news......... Key non-equities market reports: Foreign exchange...................................... Oil.................................................... US Treasuries......................................... International bonds................................... Gold....................................... or CRB index of commodity futures........................ Keywords: MARKETS STOCKS =2 (Ellis.Mnyandu@thomsonreuters.com; +1 646 223 6085; Reuters Messaging:ellis.mnyandu.reuters.com@reuters.net)

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