(Reuters) - NEW YORK, July 26 - U.S. stocks plummeted on
Thursday, with the Dow industrials tumbling more than 300
points, on signs of further weakness in the housing market and
deteriorating conditions for corporate buyouts.
The S&P shed about $300 billion in market value in the
worst single session since the Feb. 27 global market sell-off,
with surprisingly weak earnings reports also weighing on
stocks. Even with the sharp decline, the Dow and S&P 500 are
within 5 percent of their respective record highs.
Read more at Reuters.com Bonds News
Thursday, with the Dow industrials tumbling more than 300
points, on signs of further weakness in the housing market and
deteriorating conditions for corporate buyouts.
The S&P shed about $300 billion in market value in the
worst single session since the Feb. 27 global market sell-off,
with surprisingly weak earnings reports also weighing on
stocks. Even with the sharp decline, the Dow and S&P 500 are
within 5 percent of their respective record highs.
Read more at Reuters.com Bonds News
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