Tuesday, July 10, 2007

US STOCKS-Futures drop on earnings warnings

(Reuters) - NEW YORK, July 10 - U.S. stock futures fell on
Tuesday after retailer Sears Holdings Corp. and home
builder D.R. Horton Inc issued earnings warnings as the
housing slump took its toll, raising concern about the
quarter's profit outlook.




Home Depot Inc. , the largest U.S. home improvement
chain, was the first on Tuesday to rattle the market with a
warning, but its shares later rose on a plan to buy back about
12 percent of its stock.


Read more at Reuters.com Bonds News

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