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November 20, 2009 8:38:11 PM EST

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Wall Street Closes Lower For The Day, Mixed For The Week
Friday November 20, 2009 16:46:00 EST

(RTTNews) - Stocks moved mostly lower on Friday, as a lack of significant economic catalysts gave traders the further opportunity to cash in on recent gains ahead of next week's deluge of data. The major averages all closed in negative territory, slipping further away from Tuesday's yearly highs.

Amid some profit taking over the past few sessions, the major averages closed on a mixed note for the week. The Dow posted a weekly gain of 0.5 percent, while the Nasdaq fell 1.0 percent and the S&P 500 posted a more modest 0.2 percent weekly loss.

The weakness in the markets was partly due to disappointing quarterly results from computer marker Dell (DELL), which reported third quarter earnings that fell to $0.17 per share from $0.37 per share in the year-ago quarter. Exc (continued...)

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Desc Last Change (%)
DOW 10,318.16 -14.28 (-0.13821%)
NASDAQ 2,146.04 -10.78 (-0.49981%)
S&P 500 1,091.38 -3.52 (-0.32149%)
Russell 2000 584.68 -1.00 (-0.17074%)
DOW Transports 3,945.52 -10.57 (-0.26718%)
DOW Utilities 371.84 1.14 (0.30753%)

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