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    Stock Markets Headlines
    Stocks end lower amid worries on Fannie, Freddie (AP)

    A sign above a San Francisco sidewalk shows the Dow Jones industrial average Friday, July 11, 2008. Wall Street's angst over the ongoing fallout from the credit crisis made for a turbulent end to a volatile week Friday — stocks tumbled, soared and then turned south again as investors tried to assess the dangers faced by the country's biggest mortgage financiers, Fannie Mae and Freddie Mac. (AP Photo/Paul Sakuma)AP - Wall Street's angst over the ongoing fallout from the credit crisis made for a turbulent end to a volatile week Friday — stocks tumbled, soared and then turned south again as investors tried to assess the dangers faced by the country's biggest mortgage financiers, Fannie Mae and Freddie Mac.


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    Sat, 12 Jul 2008 02:52:54 GMT - Yahoo! News: Stock Markets News
    European shares slide further (AFP)

    A stock trader observes the developments in the stock market in Frankfurt, March 2008 Europe's main stock markets extended losses, as Paris registered a 25-percent drop since the start of 2008 and investors worried about the US financial sector.(AFP/DDP/File/Thomas Lohnes)AFP - Europe's main stock markets extended losses on Friday, as Paris registered a 25-percent drop since the start of 2008 and investors worried about the US financial sector, traders said.


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    Fri, 11 Jul 2008 10:55:24 GMT - Yahoo! News: Stock Markets News
    Fannie, Freddie keep plunging (Reuters)
    Reuters - Shares of Fannie Mae and Freddie Mac plunged anew on Friday on the latest set of concerns about their future after the New York Times reported the U.S. is considering taking over the two finance companies if their funding problems worsen. -- read full article
    Fri, 11 Jul 2008 11:29:36 GMT - Yahoo! News: Stock Markets News
    London stocks tumbles to three-year low (AFP)

    People walk past the London Stock Exchange. The London stock market has plunged to a low point last seen in 2005, as investors worried over record high oil prices and the US financial services sector.(AFP/File/Shaun Curry)AFP - The London stock market plunged on Friday to a low point last seen in 2005, as investors worried over record high oil prices and the US financial services sector.


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    Fri, 11 Jul 2008 12:40:34 GMT - Yahoo! News: Stock Markets News
    Fannie, Freddie shares plummet on NYSE after market open (Reuters)
    Reuters - Shares of Fannie Mae and Freddie Mac plunged after the market open on Friday, after a New York Times report said the U.S. government is considering a takeover of the housing finance giants amid funding problems. -- read full article
    Fri, 11 Jul 2008 13:44:30 GMT - Yahoo! News: Stock Markets News
    Lehman debt protection costs jump as shares dive (Reuters)
    Reuters - The cost to insure Lehman Brothers debt against default surged on Friday, as its stock price plunged for the second day. -- read full article
    Fri, 11 Jul 2008 14:27:07 GMT - Yahoo! News: Stock Markets News
    Stocks sink on credit worries, oil (Reuters)

    Traders work in the Oil Futures pit at the New York Mercantile Exchange in New York, June 11 2008. Oil leapt $5 to a record high above $147 a barrel on Friday amid growing worries of threats to supplies from Iran and Nigeria and a strike by Brazilian oil workers next week. REUTERS/Brendan McDermid (UNITED STATES)Reuters - Stocks fell sharply on Friday on worry about the financial stability of the top two home financing providers Freddie Mac and Fannie Mae, while oil prices hit an all-time high, clouding the outlook for the economy.


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    Fri, 11 Jul 2008 18:32:22 GMT - Yahoo! News: Stock Markets News
    Dow drops below 11,000 for 1st time in 2 years (AP)

    In this May 2, 2007 file photo showing the Fannie Mae building in Washington. Fannie and Freddie each fell more than 40 percent Friday, July 11, 2008, on growing speculation that a government bailout is needed. A collapse of the two financiers would cause further shock to the financial system, and trigger more losses to banks and brokerages with significant holdings of mortgage-backed securities. (AP Photo/Manuel Balce Ceneta, file)AP - Wall Street sank further into a bear market Friday, as investors dumped stocks on troubles at mortgage companies Fannie Mae and Freddie Mac and oil's continuing climb into record territory. The Dow Jones industrials slid below the 11,000 mark for the first time in two years before paring their losses.


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    Fri, 11 Jul 2008 18:54:39 GMT - Yahoo! News: Stock Markets News
    Stocks rise on Dow Chemical deal, Bernanke (Reuters)

    Traders work on the floor of the New York Stock Exchange, July 8, 2008. (Brendan McDermid/Reuters)Reuters - Stocks rose on Thursday, helped by optimism about a major deal in the chemicals sector and after the Federal Reserve chairman said the central bank and the government are focused on stabilizing the financial system.


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    Thu, 10 Jul 2008 20:52:58 GMT - Yahoo! News: Stock Markets News
    Wall Street gains amid financial worries (AP)

    Traders work the floor of the New York Stock Exchange Thursday, July 10, 2008  in New York. Stocks rebounded Thursday after discounters posted better-than-expected sales for June and Dow Chemical Co. announced an agreement to acquire rival Rohm and Haas Co. in a deal worth more than $15 billion.  (AP Photo/Frank Franklin II)AP - Wall Street stumbled through another volatile session but ended with a respectable gain Thursday after a multibillion dollar deal between Dow Chemical Co. and rival Rohm and Haas Co. helped offset concerns about the financial sector and energy costs.


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    Thu, 10 Jul 2008 22:28:39 GMT - Yahoo! News: Stock Markets News
    European shares slide after Wall Street slump (AFP)

    A trader standing in front of an index board at the stock exchange in Frankfurt in March 2008. Europe's main stock markets have slumped after US stocks had tumbled overnight on worries about the weak US housing market and its affects on the wider economy, analysts said.(AFP/DDP/File/Martin Oeser)AFP - Europe's main stock markets slumped on Thursday after US stocks had tumbled overnight on worries about the weak US housing market and its affects on the wider economy, analysts said.


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    Thu, 10 Jul 2008 11:17:55 GMT - Yahoo! News: Stock Markets News
    Banking woes push stocks towards 21-month low (Reuters)

    Traders work the floor of the New York Stock Exchange Thursday, July 10, 2008  in New York. Stocks rebounded Thursday after discounters posted better-than-expected sales for June and Dow Chemical Co. announced an agreement to acquire rival Rohm and Haas Co. in a deal worth more than $15 billion.  (AP Photo/Frank Franklin II)Reuters - World stocks fell towards this week's 21-month low on Thursday as fresh concerns resurfaced over the financial sector -- the epicenter of the nearly one-year-old credit crisis.


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    Thu, 10 Jul 2008 12:06:56 GMT - Yahoo! News: Stock Markets News
    Shares close lower weighed down by retailers, banks (AFP)

    People walk past the London Stock Exchange. UK blue chips closed lower, as a loss of confidence in the retail sector after a number of downbeat broker notes and weakness among banking stocks outweighed strength from the Dow Jones Industrial Average.(AFP/File/Shaun Curry)AFP - UK blue chips closed lower, as a loss of confidence in the retail sector after a number of downbeat broker notes and weakness among banking stocks outweighed strength from the Dow Jones Industrial Average.


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    Thu, 10 Jul 2008 16:54:37 GMT - Yahoo! News: Stock Markets News
    Stocks higher despite worries about financials (AP)

    Traders work the floor of the New York Stock Exchange Thursday, July 10, 2008  in New York. Stocks rebounded Thursday after discounters posted better-than-expected sales for June and Dow Chemical Co. announced an agreement to acquire rival Rohm and Haas Co. in a deal worth more than $15 billion.  (AP Photo/Frank Franklin II)AP - Stocks moved higher in choppy trading Thursday as a deal for Dow Chemical Co. to acquire rival Rohm and Haas Co. boosted investor confidence but could not fully offset continued worries about the health of financial companies.


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    Thu, 10 Jul 2008 18:33:11 GMT - Yahoo! News: Stock Markets News
    Dow, S&P turn negative on oil, financials (Reuters)

    Traders work on the floor of the New York Stock Exchange, July 8, 2008. (Brendan McDermid/Reuters)Reuters - The Dow and the S&P 500 turned negative on Thursday as the price of oil jumped more than $5 and financial stocks fell on worries about more credit losses.


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    Thu, 10 Jul 2008 18:37:30 GMT - Yahoo! News: Stock Markets News
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