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Stock Market Drops

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Posted: Nov 27, 2009 9:43 AM
Updated: Nov 27, 2009 9:53 AM
Source: Associated Press

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Topics: Stock Market, Dubai, Debt, WBRZ, Middle East, Treasury, Economic Recovery

Stocks are tumbling as fears sweep world markets that financial trouble in the Middle Eastern city-state of Dubai will upend a global economic recovery.
Treasury prices are jumping Friday as the dollar rises against other major currencies. Investors are seeking safety following steep drops in overseas markets. Commodities prices are down
sharply.
U.S. markets were closed Thursday for Thanksgiving and close early Friday. Light volume could make for volatile trading.

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