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Latest stock market news from Wall Street - CNNMoney.com
From CNN and Money magazine, CNNMoney.com combines business news and in-depth market analysis with practical advice and answers to personal finance questions.

Stocks: Worst week of the year Stocks closed out an ugly week. Despite initial euphoria surrounding Facebook's public debut, the social network's shares barely popped above its offering price and failed to inspire investors to buy into the broader market. Anti-social: Zynga tumbles after Facebook IPO Social media stocks just aren't feeling the love, despite Facebook's highly-anticipated stock market debut. Enough on Facebook! Buy Google or Apple Facebook is finally trading. And even though the stock didn't explode out of the gate, the company is still worth more than $100 billion. It shouldn't be. Facebook: Many mutual funds already have a stake Whether you do or don't like Facebook, you may already own a piece of the social media site: over the past year, nearly 70 mutual funds have snapped up pre-IPO shares on private markets. Facebook trading sets record IPO volume Facebook's stock market debut finally came and went -- but for all the breathless hype, shares ended right near their offering price. Why Facebook won't start trading at the opening bell The most hyped IPO of the year is here, but you won't be able to trade Facebook's stock right when the market opens at 9:30 on Friday. Europe fears pressure world markets European markets were mixed Friday as investors remained anxious about Spanish and Greek banks, while Asian stocks sold off sharply amid worries of a further slowdown in China. Obama may tap Strategic Petroleum Reserve Despite the recent fall in oil prices, analysts say President Obama may tap the Strategic Petroleum Reserve as sanctions on Iran take hold. Flight to safety: 10-year yield at record low Investors fled stocks and made a rush toward the safety of U.S. Treasuries Thursday, sending 10-year yield to a record low close, as worries about Greece's future in the eurozone continued to escalate. Moody's downgrades Spanish banks Rating agency Moody's downgraded 16 Spanish banks on Thursday, the latest sign of distress in Europe.

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