U.S. stocks finish session, June lower; rally in second quarter

4:30 pm ET Jun 29, 2007

DJIA

13,408

-13.66

S&P

1,503

-2.36

NASDAQ

2,603

-5.14

10Yr

5.03%

-0.085

U.S. stocks finish session, June lower; rally in second quarter

NEW YORK
U.S. stocks finished lower on Friday and for the month of June, but
still posted a strong performance for the second quarter.

Regulators crack down on subprime-lending abuses

WASHINGTON
After years of abuse in the subprime mortgage marketplace, federal
regulators are cracking down on banks by issuing new rules Friday to
make sure borrowers get loans they can actually afford.