Dow, S&P Log Worst Thanksgiving Week Since 1932

[villager]

Source: CNBC

Dow, S&P Log Worst Thanksgiving Week Since 1932


Stocks closed in negative territory in thin, shortened trading Friday as investors were reluctant to go long ahead of the weekend and amid ongoing worries over the euro zone.

The Dow and S&P posted their worst Thanksgiving week since the Great Depression on a percentage basis.

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"Again, we're trading on very thin volume—You're going to have continued downward pressure over the next 30 days," said Todd Schoenberger, managing director at LandColt Trading. "It's very difficult to be long this market because you have so many issues—there's more potential for negative headlines than positive ones."

In Europe, S&P downgraded Belgium one notch to AA from AA-plus, further underscoring worries over the euro zone debt contagion.

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Read more: http://www.cnbc.com/id/45435459

[RUMMYisFROSTED]

1. Black December?

:shrug:

[TalkingDog]

2. At least Black Friday

http://www.youtube.com/watch?v=q1ZV4Mx7tw8

Steely Dan