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Stocks sink as worries over Europe's debt linger

November 26, 2010

Stocks are sinking at the end of a shortened session on Wall Street amid uncertainty surrounding Europe's debt troubles and North Korea's war threats.

European stock markets and the euro fell Friday as worries mounted that Portugal will also need a bailout, even as the details on Ireland's bailout were being worked out.

The Dow Jones industrial average fell 95, or 0.9 percent, to 11,092. The S&P 500 index was down 8, or 0.7 percent, to 1,190. The Nasdaq composite index fell 9, or 0.3 percent, to 2,535.

The U.S. stock markets closed earlier than usual at 1 p.m. EST Friday.

Falling shares outpaced rising ones by two to one on the New York Stock Exchange. Volume was 422 million shares.

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