Friday, July 20, 2007

US STOCKS-Earnings misses, subprime woes punish Wall Street

(Reuters) - NEW YORK, July 20 - U.S. stocks tumbled on
Friday, battered by disappointing results from such
bellwethers as Caterpillar and Google, and more signals that
fallout from the risky subprime mortgage market may spread.




The day's losses were big enough to drag the major indexes
into negative territory for the week, snapping a three week
streak of gains for the Dow, the S&P 500 and the Nasdaq.


Read more at Reuters.com Bonds News

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