Investors have spent much of the past month agonizing over a credit market that remains frozen, posing a threat to the economy. But Friday's gainers included financial stocks, the ones most decimated amid the ongoing banking and credit crisis.
Wall Street ends wild Friday
NEW YORK - October 10, 2008 - The Nasdaq composite index finished with a modest gain, while the Dow Jones industrials lost 126 points, a relataively mild drop after the blue chips fell 2,271 during the previous eight trading days. Still, the Dow, which traded in a range of 1,019 points Friday, had its worst week ever, as did the Standard & Poor's 500 index.
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