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S&P 500 Has Worst Thanksgiving Week Since ’32 Amid Europe Crisis
Beats by DreU.S. stocks tumbled in the worst Thanksgiving-week loss for the Standard & Poor’s 500 Index since 1932 as concern grew that Europe’s debt crisis will spread and American policy makers failed to reach agreement on reducing the federal budget. Cheap Beats by Dre
Beats by Dre SaleBank of America Corp., Hewlett-Packard Co. and Caterpillar Inc. dropped at least 7.6 percent to lead declines in the Dow Jones Industrial Average. Energy stocks fell the most in the S&P 500 as oil declined for a second week and as Chevron Corp. lost 5.7 percent after it was blocked from drilling in Brazil while the government probes a recent spill. Netflix Inc. slid 18 percent after raising $400 million to bolster cash.
Beats by Dre HeadphoneThe S&P 500 slid 4.7 percent to 1,158.67, closing at the lowest level since Oct. 7. The Dow fell 564.38 points, or 4.8 percent, to 11,231.78 this week. Monster Beats Headphone