Wednesday, May 23, 2007

U.S. Stocks Fall on Greenspan Comments, Reports of Persian Gulf Navy Ships

(Bloomberg) -- Most U.S. stocks fell on reports
former Federal Reserve Chairman Alan Greenspan warned that
Chinese shares may face a ``dramatic decline'' and on speculation
the military is adding to forces near Iran.

Shares of utility and technology companies led the retreat.


Read more at Bloomberg Stocks News

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