SearchHousing fears, higher oil prices slam stocks11th July 2007 The market buckles, with the Dow falling 148 points, as Home Depot, Sears and D.R. Horton issue profit warnings. Crude oil nears $73. Financial stocks sag as Moodys downgrades $5.2 billion in bonds backed by subprime mortgages. S&P will probably follow. This article is courtesy of Stocks Up on Unusual Volume Categories: Daily Reports |
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