(Reuters) - NEW YORK, June 29 - U.S. stocks erased gains and
were little changed on Friday as concerns about fewer buyout
financings and the subprime mortgage industry hurt financial
companies, offsetting the market's optimism about inflation and
the economy.
Oil's rise to $71 a barrel and investors taking profits at
the end of a strong second quarter also contributed to the
decline.
Read more at Reuters.com Bonds News
were little changed on Friday as concerns about fewer buyout
financings and the subprime mortgage industry hurt financial
companies, offsetting the market's optimism about inflation and
the economy.
Oil's rise to $71 a barrel and investors taking profits at
the end of a strong second quarter also contributed to the
decline.
Read more at Reuters.com Bonds News
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