(Reuters) - NEW YORK, July 10 - U.S. stocks fell on Tuesday
as the housing slump took a toll on companies' earnings
outlooks, while trouble in the subprime mortgage market hurt
financial companies' shares.
Home Depot Inc. , the largest U.S. home improvement
chain, cut its 2007 earnings outlook, citing fallout from the
housing slump, while D.R. Horton, the largest U.S. home
builder, forecast a third-quarter loss.
Read more at Reuters.com Bonds News
as the housing slump took a toll on companies' earnings
outlooks, while trouble in the subprime mortgage market hurt
financial companies' shares.
Home Depot Inc. , the largest U.S. home improvement
chain, cut its 2007 earnings outlook, citing fallout from the
housing slump, while D.R. Horton, the largest U.S. home
builder, forecast a third-quarter loss.
Read more at Reuters.com Bonds News
No comments:
Post a Comment