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Stocks stabilize, but end down for the week

By Steve Rothwell
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Stocks stabilize, but end down for the week

NEW YORK (AP) — U.S. stocks stabilized and ended with a small gain Friday, but it wasn’t enough to prevent the market’s biggest weekly drop since April.

Investors became more cautious this week as corporate earnings for the April-June period began trickling in. Worrisome news about a Portuguese bank also revived fears about the European debt crisis. That weighed on stocks, which had closed out the previous week at record highs.

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