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U.S. markets slide on Black Friday

NEW YORK, Nov. 26 (UPI) -- U.S. stock markets slid on Black Friday, with investors ignoring the retail blitz and concentrating on worries in Europe.

At the close, the Dow Jones industrial average lost 95.28 points or 0.85 percent to 11,092.00. Volume on the New York Stock Exchange was 1.6 billion shares. Declines outnumbered advancers 1,966 to 949.

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The Standard & Poor's 500 index lost 8.95 or 0.75 percent to 1,189.40. The Nasdaq composite index lost 8.56 or 0.34 percent to 2,534.56.

The 10-year Treasury note rose 12/32 to yield 2.87 percent.

The euro fell to $1.3242 from Wednesday's $1.3355. Against the yen, the dollar was rose to 84.1045 from Wednesday at 83.61 yen.

In Japan, the Nikkei 225 index lost 0.4 percent, 40.20, to 10,039.60.

In Britain, the FTSE 100 index lost 0.53 percent, 30.23, to 5,668.70.

European Commission President Jose Manuel Barroso said it was "absolutely, completely false" that the commission was considering aid for Portugal or that the country had asked for assistance, The Wall Street Journal reported.

In Slovakia, Prime Minister Iveta Radicova called government debt issues in Europe a "house of cards" that threatened to pull down the euro as a shared international currency, the EUobserver said.

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Boeing Corp. shares dropped 0.8 percent after the airplane maker said it was changing the electrical system for the Dreamliner 787 airplane, which is already nearly three years behind its original production schedule.

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