Share this article:
Print

Stocks fall for 3rd day as dollar strengthens

Posted on November 20, 2009 at 11:02 AM

Updated Friday, Nov 20 at 1:34 PM

******

NEW YORK (AP) — The stock market ended a down week with light selling as investors grew uneasy about a rising dollar and spiking demand for the safest government debt.

Investors failed to extend the market's rally after major stock indexes closed at 13-month highs on Tuesday. Worries about housing and demand at technology companies have sent stocks lower for three days.

Stocks fell Friday as a disappointing earnings report from computer maker Dell Inc. dragged tech shares lower.

The Dow Jones industrial average is down 14 at 10,319. The Standard & Poor's 500 index is down 4 at 1,091. The Nasdaq composite index is down 11 at 2,146.

Three stocks fell for every two that rose on the New York Stock Exchange. Volume totaled 1.1 billion shares, in line with Thursday.

Share this article:
Print

To add a comment, please register or login.

Leave your comment
1000 characters remaining

Submit

Remember Please be respectful of others when posting comments. Play nice. IP addresses are logged and can be banned.

HTML is not allowed.