Tuesday, July 24, 2007

US STOCKS-Wall St indexes drop on housing, profit concerns

(Reuters) - NEW YORK, July 24 - U.S. stocks fell on Tuesday,
pushing the three major indexes down 1 percent, as
lower-than-projected earnings from DuPont Co. and a
range of other companies underscored concerns about the housing
market and its effects on the economy.




Financial shares led decliners on the S&P 500 index,
followed by energy companies, which were dragged down by a more
than $1 a barrel drop in oil prices.


Read more at Reuters.com Bonds News

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