| mid morning market recap |
| News - Financial News |
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--(www.FinancialNewsUSA.com)-- 11/20/2009 - US Market industry news provided by Financial News USA. In midmorning trading, the Dow Jones industrial average fell 25.62, or 0.3 percent, to 10,306.82. The Standard & Poor's 500 index fell 5.06, or 0.5 percent, to 1,089.84, while the Nasdaq fell 36.32, or 1.7 percent, to 2,139.84. The ICE Futures US dollar index, which measures the dollar against other major currencies, rose 0.6 percent. The yield on the three-month T-bill was 0.02 percent after falling as low as 0.005 percent late Thursday. The yield on the benchmark 10-year note rose to 3.36 percent from 3.34 percent. Among stocks, Dell fell $1.40, or 8.8 percent, to $14.47. Homebuilder D.R. Horton Inc. said its fiscal fourth-quarter loss narrowed as it took smaller write downs on its inventory. Even as its losses shrank, revenue fell 42 percent as the housing market remained unsteady. The stocks fell $1.06, or 8.7 percent, to $11.19. Crude oil fell $1.10 to $76.36 per barrel on the New York Mercantile Exchange as the dollar rose. Two stocks fell for every one that rose on the New York Stock Exchange, where volume came to 315.6 million shares compared with 143.6 million shares traded at the same point Thursday. The Russell 2000 index of smaller companies fell 1.48, or 0.3 percent, to 584.20. Overseas, Japan's Nikkei stock average fell 0.5 percent. In afternoon trading, Britain's FTSE 100 fell 0.3 percent, Germany's DAX index lost 0.4 percent, and France's CAC-40 dropped 0.4 percent. About Financial News USA Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com. 
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