Friday, November 25, 2011

Seven Days In Row (Updated)

Thud...



U.S. stocks finished modestly lower Friday, with all three benchmark indexes ending lower for the week as rising euro-zone bond yields kept traders on edge about Europe's debt crisis during a holiday-shortened trading session. The Dow Jones Industrial Average DJIA -0.23% fell 25.77 points, or 0.2%, to end at 11,231.78, down 4.8% for the week. The S&P 500 SPX -0.27% shed 3.12 points, or 0.3%, to end at 1,158.67, losing 4.7% for the week. And the Nasdaq Composite COMP -0.75% lost 18.57 points, or 0.8%, to close at 2,441.51, down 5.1% from a week ago. Both the S&P 500 and Nasdaq Composite indexes marked their seventh losing session in a row.
Retirement is getting so far away...
Update:
The worst Thanksgiving week since the depression.
The Dow and S&P posted their worst Thanksgiving week since the Great Depression on a percentage basis.

2 comments:

Always On Watch said...

Linked at Infidel Bloggers Alliance.

Randy-g said...

Much appreciated AOW!