Tuesday, October 02, 2007
U.S. stocks decline after tentative start and home sales data
11:46 am ET Oct 2, 2007
DJIA
14,059
-28.37
S&P
1,544
-2.79
NASDAQ
2,740
-0.80
10Yr
4.52%
-0.035
U.S. stocks decline after tentative start and home sales data
NEW YORK
U.S. stocks tilted lower Tuesday, retracing a portion of the prior day's
record-setting gains as fresh economic data cast the troubled housing
market in a dismal, but anticipated, light.
Economic Report: Pending home sales fall 6.5% in August, Realtors
report
WASHINGTON
Flattened by the mortgage crunch, a forward-looking gauge of home sales
fell further in August to its lowest level in more than six years, a
real estate trade group said Tuesday.
