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    Almost everywhere they looked during the week, investors saw red ink flowing. But CNBC guests worked hard to find bright spots in the murk.

  • Stocks fell sharply Friday as oil prices climbed about $3 and a concoction of rumors and bad news shook up the banking sector. Rounding the bend toward the closing bell, the Dow was off nearly 4 percent for the week, the S&P off 3 percent and the Nasdaq off 2 percent.

  • One of this sector's last lines of defense in the market is falling through.

  • Stocks fell sharply Friday, with volatility expected to remain high due to the expiration of options, oil prices continuing their climb and bank worries slamming the financial sector.

  • New York Stock Exchange (NYSE)

    Call the latest banks-inspired stock market selloff whatever you want, but don't call it a capitulation.

  • Stocks fell sharply Friday, with volatility expected to remain high due to the expiration of options, oil prices continuing their climb and bank worries slamming the financial sector.

  • Stocks fell sharply Friday, with volatility expected to remain high due to the expiration of options, oil prices continuing their climb and bank worries slamming the financial sector.

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    US large-cap regional banks' stocks now appear to be in "capitulation mode" and will likely trade below fair value in the near term, an analyst at Merrill Lynch said.

  • These names are going down, so steer clear.

  • Countrywide Financial

    Bank of America expects to complete its acquisition of mortgage lender Countrywide Financial by July 1, a source familiar with the matter told Reuters on Thursday.

  • Citigroup

    Citigroup could take substantial write-downs for subprime mortgages, leveraged buyout loans and other assets in the second quarter, the company's chief financial officer said on a call with investors.

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    Rep. Barney Frank has come to Sen. Chris Dodd's defense! My colleague Diana Olick has been blogging about the breaks Countrywide gave the Connecticut Democrat under the direction of Angelo Mozilo.

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    Nearly 1.5 billion shares and $23 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge.  Here are the bets being made today...

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    Nearly 1.8 billion shares and $27 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge.  Here are the bets being made today...

  • Stocks fell sharply Tuesday as a warning from Goldman Sachs that banks may need to raise another $65 billion rippled through the market, offsetting any positive impact from Goldman's earnings.

  • U.S. banks may need to raise $65 billion of additional capital to cope with mounting losses from a global credit crisis that will not peak until 2009, Goldman Sachs & Co analysts said on Tuesday.

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  • As the world watched Tiger Woods and Rocco Mediate take it down to the wire at the US Open, the Dow was struggling with its own rivalry: Banks were trying to lead a rally, while a handful of stocks were dragging on the blue-chip index. Oil ended down at $134.34 abarrel.

  • Ted Parrish, co-portfolio manager of the Henssler Equity Fund, thinks it's time to buy some out-of-favor sectors like consumer cyclicals -- and even financials.

  • Stocks bounced back from an early slide as banks recovered and strength permeated techs, housing and retail stocks.  The market had opened lower as oil neared $140 a barrel and after a report from the New York Federal Reserve on regional manufacturing activity showed a worse-than-expected contraction. Lehman shares rose after the firm reported a loss on target with its pre-announcement.