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News Summary: Stocks retreat after strong week

The Associated Press

WELCOME BACK: The worries hanging over the financial markets were the same that traders left behind when they went home for Thanksgiving — European debt and the looming "fiscal cliff" of tax increases and public spending cuts.

MIXED FINISH: The Dow Jones industrial average and Standard & Poor's 500 index fell, but the Nasdaq composite index managed a small gain.

LIKE: An analyst's upgrade of Facebook stock helped it to an 8.1 percent gain.