Tuesday, March 13, 2007

U.S. stocks fall as subprime bites again

11:41 am ET Mar 13, 2007

DJIA

12,261

-57.52

S&P

1,401

-5.33

NASDAQ

2,389

-12.90

10Yr

4.53%

-0.026

U.S. stocks fall as subprime bites again

NEW YORK
U.S. stocks were firmly lower on Tuesday, after weaker-than-expected
February retail sales fueled concerns about growth, while the tide of
problems in the subprime mortgage market continued unabated.

Bond Report: Treasurys rally on weak retail sales, subprime nervousness

NEW YORK
Treasury prices rallied at midday Tuesday, sending yields lower, after
weaker-than-expected data on U.S. retail sales and continuing worries
about subprime lenders stirred safe-haven demand for low-risk bonds.

0 Comments:

Post a Comment

<< Home