Lower markets as fewer shoppers hit stores

The markets traded lower during the midday with the Dow dropping 51 points to 17,776 as fewer customers shopped during the long Thanksgiving weekend. Nasdaq plunged 64 points to 4,727.

On the upside

Rising gold prices lifted shares of AngloGold Ashanti (Nasdaq: AU).

Coeur Mining (NYSE: CDE) engaged in discussions for a possible acquisition of Paramount Gold and Silver.

Microsoft (Nasdaq: MSFT) will buy Accompli.

On the downside

Oil services firms Halliburton (NYSE: HAL), Transocean (NYSE: RIG) and SeaDrill (NYSE: SDRL) extended their losses.

Oil companies Petrobras (NYSE: PBR) and SandRidge Energy (NYSE: SD) continued falling.

MOL Global (Nasdaq: MOLG) reported sharply lower third quarter earnings and announced errors in previous financial reports.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 2 on the NYSE and by more than 3 to 1 on Nasdaq. The broader S&P 500 fell 15 points to 2051. Bitcoin added $2 to $379.
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