US STOCKS-Wall St drops after Dell, D.R. Horton results

Fri Nov 20, 2009 3:20pm GMT
 
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* Dell shares fall after Q3 sales miss view

* D.R. Horton down after Q4 loss

* Rise in dollar pressures commodities shares

* Indexes down: Dow 0.04 pct, S&P 0.3 pct, Nasdaq 0.6 pct

* For up-to-the-minute market news, click [STXNEWS/US]

(Updates prices, adds context about housing data)

By Ryan Vlastelica

NEW YORK, Nov 20 (Reuters) - U.S. stocks fell on Friday after worse-than-expected quarterly results from computer maker Dell Inc and homebuilder D.R. Horton Inc underscored that the road to recovery would not be smooth.

Dell (DELL.O) fell nearly 9 percent to $14.49 a day after it reported third-quarter sales that missed estimates. [ID:nN19191886]   Continued...

 

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