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  • Trader Michael Urkonis. left, works with specialists John McNierney, center, and Douglas Johnson on the floor of the New York Stock Exchange, Friday, Nov. 9, 2018. Stocks are falling as energy companies are dragged lower by the continuing plunge in crude oil prices. (AP Photo/Richard Drew)

  • Specialist James Denaro works on the floor of the New York Stock Exchange, Friday, Nov. 9, 2018. Stocks are falling as energy companies are dragged lower by the continuing plunge in crude oil prices. (AP Photo/Richard Drew)

  • Specialist Antony Rinaldi left, and trader Robert Arciero work on the floor of the New York Stock Exchange, Friday, Nov. 9, 2018. Stocks are falling as energy companies are dragged lower by the continuing plunge in crude oil prices. (AP Photo/Richard Drew)

  • Trader Gregory Rowe works on the floor of the New York Stock Exchange, Friday, Nov. 9, 2018. Stocks are falling as energy companies are dragged lower by the continuing plunge in crude oil prices. (AP Photo/Richard Drew)

  • Specialist Stephen Naughton, left, and trader Vincent Napolitano work on the floor of the New York Stock Exchange, Friday, Nov. 9, 2018. Stocks are falling as energy companies are dragged lower by the continuing plunge in crude oil prices. (AP Photo/Richard Drew)

  • Trader Vincent Napolitano, left, works on the floor of the New York Stock Exchange, Friday, Nov. 9, 2018. Stocks are falling as energy companies are dragged lower by the continuing plunge in crude oil prices. (AP Photo/Richard Drew)

  • Trader Tommy Kalikas works on the floor of the New York Stock Exchange, Friday, Nov. 9, 2018. Stocks are falling as energy companies are dragged lower by the continuing plunge in crude oil prices. (AP Photo/Richard Drew)

  • Specialist Charles Boeddinghaus, left, works with traders Peter Tuchman, center, and Frank Masiello on the floor of the New York Stock Exchange, Friday, Nov. 9, 2018. Stocks are falling as energy companies are dragged lower by the continuing plunge in crude oil prices. (AP Photo/Richard Drew)

  • Trader Thomas Ferrigno, right, and specialist Gregg Maloney work on the floor of the New York Stock Exchange, Friday, Nov. 9, 2018. Stocks are falling as energy companies are dragged lower by the continuing plunge in crude oil prices. (AP Photo/Richard Drew)

  • Specialist Mario Picone, center, works with traders at his post on the floor of the New York Stock Exchange, Friday, Nov. 9, 2018. Stocks are falling as energy companies are dragged lower by the continuing plunge in crude oil prices. (AP Photo/Richard Drew)

Friday, November 09, 2018 12:50 pm

Stocks skid as oil plunge continues

Associated Press

NEW YORK -- Stocks closed lower as a combination of weak economic data from China and disappointing earnings hurt technology and internet companies.

Crude oil prices fell Friday for the 10th day in a row, hurting energy companies.

Video game maker Activision Blizzard plunged 12.4 percent after forecasting weak holiday sales.

Online reviews company Yelp took a nosedive of 26.6 percent after reporting disappointing results and giving a weak forecast.

Walt Disney rose 1.7 percent after its profit surpassed analyst estimates.

The S&P 500 index fell 25 points, or 0.9 percent, to 2,781.

The Dow Jones Industrial Average lost 201 points, or 0.8 percent, to 25,989. The Nasdaq composite fell 123 points, or 1.6 percent, to 7,406.

Bond prices rose. The yield on the 10-year Treasury note fell to 3.19 percent.