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Financial News USA
Sep 3


Stocks slide for third straight day
News - Financial News
--(www.FinancialNewsUSA.com)-- 11/20/2009 - US Market industry news provided by Financial News USA. US stocks fell for a third straight day, while the dollar continued to rise which caused gold to fall and settle for $1,139.60 a ounce. Lower than expected earnings from Dell caused growing dis confidence in recovering economic activity and caused technology stocks such Intel(NasdaqGS:INTC) and Cisco (NasdaqGS:CSCO) to drop down 1% each.

The Dow Jones industrial average (INDU) was down 44 points, or 0.4%, with about two hours left in the session. The S&P 500 (SPX) slipped 0.6%, and the Nasdaq composite (COMP) dropped 0.8%.

The price of oil fell 62 cents to $76.84 a barrel.

Prices for U.S. Treasurys were mixed. The yield on the benchmark 10-year Treasury note, which moves inversely to its price, rose to 3.7% from 3.5% on Thursday. The yield on the 3-month Treasury bill, which is seen as a temporary shelter from market volatility, stood at 0.02%

Asian shares retreated. The Nikkei in Japan lost 0.5% while the Hang Seng fell 0.8%. Major European indexes also closed lower, with the CAC-40 in Paris falling 0.8%. 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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