Thursday, July 26, 2007

US STOCKS-Indexes sink on housing, oil, credit fears

(Reuters) - NEW YORK, July 26 - U.S. stocks tumbled on
Thursday on signs of further deterioration in the U.S. housing
market, a jump in oil prices and a worsening climate for
financing corporate takeovers.




The broad Standard & Poor's 500 stock index fell 2 percent
at one point, and the steep decline led the New York Stock
Exchange to impose trading curbs which restrict large-block
sales when a stock was falling.


Read more at Reuters.com Bonds News

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