BREAKING NEWS: Stocks Retreat as Financials Turn South, Dow Off 65

After solid gains to open the session, US stocks are pulling back as tensions grow over Europe's ongoing debt crisis. Financial names are feeling the brunt of the selloff, with Morgan Stanley, Citi and BofA among the worst performers. The Dow is off 65 points at 11801 while the yield on the 10-year Treasury has fallen to 1.83%.

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