(Bloomberg) -- Most U.S. stocks fell for the first
time in four days after confidence in the homebuilding industry
dropped to a 16-year low, renewing concern that the worst of the
housing slump isn't over.
Centex Corp., Toll Brothers Inc. and Lennar Corp. led
retreats among 15 of 16 homebuilders in Standard & Poor's indexes.
Wendy's International Inc., the third-largest hamburger chain,
slipped after the company cut its full-year earnings forecast.
Read more at Bloomberg Stocks News
time in four days after confidence in the homebuilding industry
dropped to a 16-year low, renewing concern that the worst of the
housing slump isn't over.
Centex Corp., Toll Brothers Inc. and Lennar Corp. led
retreats among 15 of 16 homebuilders in Standard & Poor's indexes.
Wendy's International Inc., the third-largest hamburger chain,
slipped after the company cut its full-year earnings forecast.
Read more at Bloomberg Stocks News
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