Reuters - U.S. stocks fell on Friday as banks
and brokers retreated on concerns about the impact of
tightening credit on takeovers and the subprime mortgage
industry.
FT.com - London equities stayed in positive territory on Friday with shares in BT Group standing out after bullish comment on the company's prospects from its chief executive.
AP - Japanese stocks climbed Friday for a second straight session, as upbeat analysts' ratings prompted investors to snap up Toshiba and Takeda Pharmaceutical.
Who's likely to get badly hurt as the subprime lending crunch assaults various pools of high-risk debt? Pension funds, mutual funds and other victims shockingly close to your wallet.
Here's your chance to match your investing skills against the top pros who play MSN Money's Strategy Lab, as well as readers and investors just like you.
AP - Stocks slid Friday as investors, securing positions before the second half of the year begins, sold off due to rising oil prices and lingering worries about subprime mortgage lending troubles.
FT.com - The New York Stock Exchange was forced to halt trading in three stocks early on Thursday after erroneous orders from a broker were spotted by an NYSE specialist.
The iPhone is expensive, exclusive and won't solve the world's ills. But Apple will still sell a ton of them, which means $200 is a reasonable target for the company's shares.
The Federal Reserve leaves interest rates alone again because it doesn't need to make a move. But when the time comes, count on the Fed to take action.
Gains for the Dow and S&P 500 vanish at the close as bond yields jump. The central bank still worries about inflation but sees pressures easing. A huge profit gain sends Research in Motion shares soaring. Intel and Cisco rise on upgrades.
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