Sunday, July 22, 2007

RPT-Wall St Week Ahead: Home sales, earnings on stocks' radar

(Reuters) - NEW YORK, July 22 - Home sales and a report on
economic growth may help investors decide this week if they
want to keep riding a bull market in stocks, while a torrent of
earnings reports will no doubt cause some anxious moments.




A sharp drop in the shares of equipment-maker Caterpillar
Inc. on Friday showed just how badly a stock can be
hurt when there is an earnings shortfall. The company reported
an earnings decline that was greater than expected. The stock
fell 4.4 percent and spoiled the Dow's day.


Read more at Reuters.com Bonds News

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