(Reuters) - At the same time, the potential for defaults in subprime
loans to spill over to the general economy remains a concern.
Nervousness over the availability of financing for buyouts
prompted investors to sell banks' and brokers' shares on
Friday, which helped cut short a morning rally.
In the holiday-shortened week, the most significant data,
the June payrolls report, comes on Friday. U.S. financial
markets will be closed on Wednesday, July 4, for the
Independence Day holiday.
Read more at Reuters.com Economic News
loans to spill over to the general economy remains a concern.
Nervousness over the availability of financing for buyouts
prompted investors to sell banks' and brokers' shares on
Friday, which helped cut short a morning rally.
In the holiday-shortened week, the most significant data,
the June payrolls report, comes on Friday. U.S. financial
markets will be closed on Wednesday, July 4, for the
Independence Day holiday.
Read more at Reuters.com Economic News
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