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Summary


Blackstone Group IPO fails to save week

NEW YORK -- Wall Street ended a volatile week with a sharp decline Friday as investors again succumbed to nervousness about souring subprime loans and rising oil prices. The Dow Jones industrial average fell more than 185 points. The steep pullback coming a day after a respectable gain was characteristic of the erratic sessions Wall Street has endured in recent weeks as it dealt with concerns ranging from interest rates to the health of hedge funds.

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In Other Business

Friday's session, unusually devoid of economic or earnings data, began with a focus on the initial public offering of ...

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