Friday, July 27, 2007

Wall St falls as credit worries persist

(Reuters) - U.S. stocks fell on Friday as investors remained jittery about the worsening climate for financing corporate takeovers and about subprime mortgage losses dragging on the economy.

The underlying tone remained cautious on Wall Street a day after U.S. equities suffered the second worst decline this year, wiping out more than $300 billion in the S&P 500's value.


Read more at Reuters Africa

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