Wall Street
Friday, November 27, 2009
NEW YORK (AP) — Stocks are tumbling as fear sweeps world markets that financial trouble in the Middle Eastern city-state of Dubai will upend a global economic recovery.
The market is off its worst levels Friday as European stocks rebounded from earlier losses. Trading has been erratic during the shortened session. The market closes three hours early, at 1 p.m. EST.
Treasury prices are higher as the dollar rises against other major currencies. Commodities prices are down sharply.
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