Updated from 12:47 p.m. EST
Stocks on Wall Street were off the day's lows in spiky trading Thursday afternoon, but volatility persisted as a slew of big-name companies announced layoffs, many retailers announced weak November same-store sales and the automakers appeared before Congress in search of a government bailout.
The Dow Jones Industrial Average was falling 44 points to 8546, and the S&P 500 was down 6.5 points to 864. The Nasdaq slipped 13 points to 1478.
The automakers were again in focus on Thursday. Earlier in the week, General Motors (GM Quote), Ford (F Quote) and Chryslerheaded to Capitol Hill to seek government help as they navigate a precarious market climate. On Thursday, the CEOs of the Big Three once again were testifying before Congress about potential bailout legislation. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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| 10,305.01 | 1,091.81 | 2,139.10 | 32.31 |
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