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Financial stocks managed to end a rocky session for the market Friday with gains, despite selloffs in some of the sector's most beaten-down names.
The KBW Bank index was up 8.5%, and the NYSE Financial Sector index was better by 2.3%. The Amex Securities Broker/Dealer index rose 3%.
Morgan Stanley (MS Quote) was one of the biggest losers, falling 22% to $9.68 as worries grew about the health of the company. Morgan is due to get a $9 billion infusion from Japan's Mitsubishi UFJ (MTU Quote), but the investment won't close until next Tuesday. ...
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