By BRENDAN CONWAY Stocks fell after a two-day Group of 20 meeting ended without a euro-zone rescue plan and a range of sovereign-debt worries weighed on sentiment. The Dow Jones Industrial <a href="http://www.womenfashionbag.com/burberry-check-overnighter-p-19329.html"><strong>burberry womens jackets</strong></a> Average lost 153 points, or 1.3%, to 11892, in late Friday morning trading, after opening in the red and moving lower. The Standard & Poor's 500-stock index shed 17 points, or 1.3%, to 1244. The technology-oriented Nasdaq Composite lost 28, or 1.1%, to 2670. Stocks are coming off two days of gains, capped by word late Thursday that Greece has shelved the bailout referendum that sparked a global market selloff this week. With referendum worries receding, attention now turns to whether Greek Prime Minister George Papandreou survives a planned confidence vote. Other issues weighed on sentiment. A meeting of the Group of 20 industrial and developing nations ended without much progress on the sovereign-debt crisis. Italy requested that the International Monetary Fund help monitor its overhaul plans and national accounts. Ratings firm Moody's Investors Service said it is reviewing Austria's Erste Group Bank for a potential downgrade after the bank announced a net loss for the first nine months of 2011. Trading volume was relatively light, with fewer than 1.5 billion shares changing hands in New York Stock Exchange composite volume. Bank of America led the blue-chip Dow lower, shedding 4.1%. J.P. Morgan Chase was also a downside leader, losing 2.3%. Financial and industrial stocks were the S&P 500's weakest sectors. Meanwhile, the government's broadest snapshot of the labor market showed modest job creation in October and upward revisions to previous months' tallies. The gains made only a small dent in the unemployment <a href="http://www.ecigs-store.com/zreeoa-001-p-24.html"><strong>reviews electronic cigarette</strong></a> rate, which edged down to 9% from 9.1% in September. "We're going to take our clues today from issues and events in Europe, but this employment report supports the notion of low-to-mid 2% growth in the U.S., which is good," said Michael Strauss, chief economist and chief investment strategist at Commonfund in Wilton, Conn. In overseas markets, European shares declined ahead of the planned Greek confidence vote and as more traders eyed Italy's fiscal situation. The Stoxx Europe 600 was down 1.2% and Germany's DAX slumped 2.9%. Asian bourses were broadly higher on the back of U.S. gains Thursday. Japan's Nikkei Stock Average, which was closed for a holiday Thursday, rose 1.9% and China's Shanghai Composite added 0.8%. Gold futures slipped to 1,756.10 an ounce, while crude-oil prices declined below 94 a barrel. The dollar gained ground against the euro and yen. In corporate news, online-deals purveyor Groupon surged 40% in its trading debut. The initial public offering priced at 20 a share Thursday night, above the expected range of 16 to 18. LinkedIn slumped 9.8% after the online professional-networking company said it would sell another 100 million of stock, less than six months after its initial public offering. The company also reported a third-quarter adjusted earnings that beat estimates and raised its full-year revenue outlook. Starbucks rose 7.2% after the coffee chain reported better-than-expected fiscal fourth-quarter results, increased its dividend 31% and authorized the repurchase of up to 20 million common shares. American International Group lost 5.2% after the insurer reported a wider-than-expected third-quarter loss, offsetting the authorization <a href="http://www.womenfashionbag.com/burberry-check-print-buckle-hobo-in-supernova-berry-red-p-19313.html"><strong>burberry messenger bag</strong></a> of a 1 billion share-buyback program. Advanced Micro Devices said it was cutting about 10% of its work force as part of a restructuring plan that it expects will save 128 million through 2012. The stock shed 2.3%. Write to Brendan Conway at
brendan.conway@dowjones.com
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