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The leading stock exchange closed fractionally lower on Friday as discouraging US consumer spending raised concerns that the pace of the economic recovery may be slowing.(AFP/File/Carl de Souza)AFP - The leading stock exchange closed fractionally lower on Friday as discouraging US consumer spending raised concerns that the pace of the economic recovery may be slowing.


In this May 27, 2010 photo, trader Kevin K. Lodewick works on the floor at the New York Stock Exchange in New York. May was difficult for the stock market as persistent and intensifying worries about Europe's debt problems sent the Dow down 7 percent. (AP Photo/Seth Wenig)AP - Stocks closed out their worst month in more than a year by sliding again on more unsettling news about Europe.


Global stock markets and the euro extended a recent recovery on Friday on hopes that Europe's debt crisis would not spread to Asia, traders said.(AFP/File/Philippe Desmazes)AFP - Global stock markets and the euro extended a recent recovery on Friday on hopes that Europe’s debt crisis would not spread to Asia, traders said.


A trading specialist on the floor of the New York Stock Exchange, May 25, 2010. REUTERS/Brendan McDermidReuters - Stocks fell on Friday, capping off their worst month in over a year as a downgrade by Fitch of Spain’s credit rating reignited worries about euro-zone debt issues.


The stock exchange climbed in opening trade on Friday, building on the strong rebound seen the previous day.(AFP/File/Carl de Souza)AFP - The leading stock exchange climbed in opening trade on Friday, building on the strong rebound seen the previous day.


The recent market decline has uncovered some surprising finds. If yield is the name of the game (isn’t it always?), the Jubak dividend-income portfolio is ready for an update.

Traders work on the floor at the New York Stock Exchange Thursday, May 27, 2010, in New York.  (AP Photo/Seth Wenig)AP - European stock markets shed earlier gains in afternoon trading Friday, losing some momentum from earlier Wall Street gains and China’s newly expressed confidence in Europe’s ability to restore its financial stability.


AP - SETTLEMENT OF A LONG-RUNNING CASE: The investment firm Pequot Capital Management and its founder and chairman, Arthur Samberg, have agreed to pay a total $28 million to settle regulators’ charges of insider trading in Microsoft shares.

AP - SWING HIGHER: Stocks jumped Thursday after China said it didn’t plan to dump its European debt holdings. That increased confidence that the debt crisis in countries like Greece can be contained.

AP - The Nasdaq Stock Market on Thursday said it will delist the common stock of Frontier Financial Corp., a month after the bank was seized by regulators.

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