(Reuters) - NEW YORK, July 24 - U.S. stocks tumbled on
Tuesday, with the three major indexes posting their worst
one-day performance since March 13, as disappointing results
from DuPont Co. and Countrywide Financial Corp.
heightened concerns about the housing market.
Financial shares led decliners on the S&P 500 index, with
Countrywide suffering its biggest decline since October 2004
after revealing its mortgage lending problems extend beyond its
subprime business.
Read more at Reuters.com Bonds News
Tuesday, with the three major indexes posting their worst
one-day performance since March 13, as disappointing results
from DuPont Co. and Countrywide Financial Corp.
heightened concerns about the housing market.
Financial shares led decliners on the S&P 500 index, with
Countrywide suffering its biggest decline since October 2004
after revealing its mortgage lending problems extend beyond its
subprime business.
Read more at Reuters.com Bonds News
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