FILE – In this May 11, 2007, file photo, a Wall Street sign is mounted near the flag-draped facade of the New York Stock Exchange. Stocks are moving slightly lower in early trading Friday, Nov. 27, 2015, as traders return from the Thanksgiving holiday. Energy stocks fell more than the rest of the market as the price of oil turned lower. Disney lost ground after reporting declining subscriber numbers for ESPN. (AP Photo/Richard Drew, File)
By MARLEY JAY, AP Markets Writer
NEW YORK (AP) — Stocks are closing mostly higher in an abbreviated day of trading.
Telecommunications stocks and banks rose the most Friday. Verizon and Goldman Sachs had the biggest gains in the Dow Jones industrial average.
A drop in Disney left the Dow slightly lower. Disney fell 3 percent after reporting a decline in ESPN subscribers.
Energy companies fell along with the price of oil. Consol Energy sank 7 percent.
The Standard & Poor’s 500 index edged up a point, less than 0.1 percent, to 2,090.
The Dow average lost 14 points, also less than 0.1 percent, to 17,798. The Nasdaq composite rose 11 points, or 0.2 percent, to 5,127.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.22 percent.
U.S. markets closed at 1 p.m. Eastern time.
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