TMCnet News

Wall-Street-Open
[November 21, 2009]

Wall-Street-Open


(Canadian Press Broadcast Wire (Canada) Via Acquire Media NewsEdge) NEW YORK --- Stocks are falling in the early moments of trading as the U-S dollar strengthens further, and after a week of mixed economic reports.

Overseas markets declined.

With little economic news to help sway the market Friday, the U-S dollar is again pressuring stocks.

A disappointing earnings report from computer maker Dell is also weighing on the market.

With investors leaving stocks, U-S Treasury prices are up, pushing yields lower.

The three-month T-bill's yield is hovering near its lowest level of the year.

The Dow Jones industrial average is down 29.70, or 0.3 per cent, at 10,302.74.


The Standard & Poor's 500 index is down 4.29, or 0.4 per cent, at 1,091.61, while the Nasdaq composite index is down 36.32, or 1.7 per cent, at 2,144.06.

(The Associated Press) MZ (c) 2009 The Canadian Press

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