Markets Fizzle in Short Trading Day

Stocks ended an abbreviated session of trading with losses after sharp drops in oil and gas prices dragged down energy companies. Trading ended earlier than usual on Friday, which was a half day for markets following Thanksgiving. All 11 sectors that make up the S&P 500 index lost ground, led by energy stocks, per the AP. Apache sank 4%, and Devon Energy fell 2.8%. Retailers were mixed as shoppers looked for deals on Black Friday. The S&P 500 lost 12 points, or 0.4% to 3,141; the Dow Jones Industrial Average lost 112 points, or 0.4%, to 28,051; and the Nasdaq lost 39 points, or 0.5%, to 8,665. Bond prices fell, and the yield on the 10-year Treasury rose to 1.77%. (More stock market stories.)