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Stocks end flat after HP shocker and Fed warning

7:35 AM, Nov 21, 2012   |    comments
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NEW YORK (AP) - Today brings the last full trading session of the week on Wall Street. The markets are closed Thanksgiving and then Wall Street has an abbreviated session Friday.

Falling oil prices and a surprise announcement of problems at Hewlett-Packard weighed on technology and energy stocks Tuesday. Stocks ended the session little changed.

HP plunged 12 percent after executives said that a company HP bought for $10 billion last year lied about its finances. CEO Meg Whitman said that there were "serious accounting improprieties" at the search-engine company, Autonomy.

The Dow dropped 7 points to close at 12,789. The Standard & Poor's 500 index rose less than a point at 1,388. The Nasdaq composite added a fraction to 2,917.






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