Tuesday, July 24, 2007

US STOCKS-Indexes decline on profit, housing concerns

(Reuters) - Adding to the negative tone on Wall Street, USG Corp.
, the world's largest seller of gypsum wallboard for
home building, gave a gloomy housing outlook while Countrywide
Financial Corp , the largest U.S. mortgage lender,
posted a drop in quarterly profit and cut its full-year outlook
For details, see [ID:nN24431178]




Energy company shares were also down following oil prices
lower. Shares of Exxon Mobil Corp. fell 1 percent to
trade at $92.52.


Read more at Reuters.com Bonds News

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