Stocks Finish Mixed

Blue chips extended recent gains Friday on rate cut hopes. The Nasdaq was weighed down by weakness in Dell and RIMM

U.S. stock indexes finished mixed Friday, with blue chips extending their recent sharp gains. Disappointing earnings news concerning Dell (DELL) and Research in Motion (RIMM) weighed on the Nasdaq index. Financials and the broader market found some support from comments from Federal Reserve chairman Ben Bernanke pointing to a possible rate cut, and efforts by the U.S. Treasury to bail out institutions with subprime loan problems.

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