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Re: mercurialmike post# 135063

Tuesday, 07/12/2011 3:17:58 AM

Tuesday, July 12, 2011 3:17:58 AM

Post# of 649377
The S&P fell broadly, led by financial companies. Financial stocks in the index fell 2.8 percent as bank stocks sank. Investment manager Janus Capital Group fared worst, falling 6.8 percent to $9.16. Citigroup Inc. led banks down, declining 5.3 percent to $39.79. If Europe's debt crisis continues to spread, bank lending could seize up. Banks are also expected to report weak earnings beginning later this week


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