Tuesday, July 10, 2007

U.S. Stock-Index Futures Fall on Earnings; Home Depot Declines in Europe

(Bloomberg) -- U.S. stock-index futures dropped
after Home Depot Inc. lowered its profit forecast because of the
sale of a unit and the slump in the real-estate market.

Shares of Home Depot, the world's largest home-improvement
retailer, fell in Europe. General Motors Corp., the world's
biggest carmaker, and Ford Motor Co. climbed after JPMorgan Chase
& Co. upgraded its recommendation on the shares.


Read more at Bloomberg Stocks News

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