early-afternoon trading, but ultimately, that effort was met with resistance when the influential financial sector didn't show any lasting support. The weak showing by the financials (-1.22%) was linked to an assortment of concerns - subprime mortgage problems, housing market weakness, stock market volatility, the economic slowdown, and lackluster earnings growth - that clipped just about every industry group. The financial sector had plenty of company, though, as there wasn't a single ...
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