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Updated from 4:22 p.m. EDT
Stocks in the U.S. were buried Friday as anxious investors dealt with a resuming climb in oil and abysmal home-sales numbers while unwinding their positions ahead of a long holiday weekend.
The Dow Jones Industrial Average slid 145.99 points, or 1.16%, to 12,479.64, and the S&P 500 gave up 18.42 points, or 1.32%, at 1375.93. The Nasdaq Composite sank 19.91 points, or 0.81%, to 2444.67.
"This week was not terrific, so I think investors are looking to take money off the table ahead of the three-day weekend," said Paul Nolte, director of investments with Hinsdale Associates. U.S. markets will be closed Monday in observance of Memorial Day. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,464.40 | 1,110.63 | 2,176.05 | 32.79 |
Oil *
77.05
|
|
UP
30.69
|
UP
4.98
|
UP
6.87
|
DOWN
0.38
|
10 Yr
3.28%
SPDR Gold
116.62
|
|
+0.29%
|
+0.45%
|
+0.32%
|
-1.15%
|
Data delayed 20 minutes |
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