Updated from 11:00 a.m. EST
Stocks in New York were trading with losses Monday, as investors took profits from the previous week's gains and major firms across sectors undertook restructuring measures amid a weakening economic environment.
The Dow Jones Industrial Average slid 372 points to 8457, and the S&P 500 fell 45 points to 851. The Nasdaq was lower by 79 at 1456.
At the end of an abbreviated session Friday, the major averages finished on the upside in light trading. Investors were monitoring the retailers as consumers flocked to stores to partake in "Black Friday" sales, which mark the beginning of the holiday shopping season. Today marks "Cyber Monday," when online retailers compete for Internet sales by offering steep discounts through their Web sites. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
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