(Bloomberg) -- U.S. stocks fell, extending the worst
decline for the Standard & Poor's 500 Index in 4 1/2 years, on
concern rising mortgage defaults will spur banks to curb lending.
The S&P 500 dropped 1.39, or 0.1 percent, to 1457.56 as of
11:25 a.m. in New York. The index, which lost 4.9 percent last
week in its steepest retreat since September 2002, earlier today
rose as much as 0.6 percent.
Read more at Bloomberg Stocks News
decline for the Standard & Poor's 500 Index in 4 1/2 years, on
concern rising mortgage defaults will spur banks to curb lending.
The S&P 500 dropped 1.39, or 0.1 percent, to 1457.56 as of
11:25 a.m. in New York. The index, which lost 4.9 percent last
week in its steepest retreat since September 2002, earlier today
rose as much as 0.6 percent.
Read more at Bloomberg Stocks News
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