U.S. stocks lower amid concerns over global growth

11:41 am ET Apr 19, 2007

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NASDAQ

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+0.010

U.S. stocks lower amid concerns over global growth

NEW YORK
U.S. stocks were lower, though well off earlier lows, on Thursday, after
news of an 11.1% surge in China's economy in the first quarter fueled
concerns that Chinese monetary officials will restrict access to money
and curb global growth.
Economic Report: Leading indicators point to slower growth

WASHINGTON
Slower growth will persist this summer, the Conference Board said
Thursday, saying its index of leading economic indicators rose by 0.1%
in March after falling the two previous months.

Futures Movers: Crude hit by China rate concerns after strong GDP

SAN FRANCISCO
Crude-oil futures fell Thursday to their lowest level in more than a
week as news of faster-than-expected growth in China in the first
quarter raised concerns that the Chinese government will be forced to
take fresh measures to cool its economy, reducing demand for energy.

Net Stocks: EBay down after report; Google earnings awaited

SAN FRANCISCO
EBay Inc. shares gave back its early gains and slipped into the red
Thursday, a day after the online auctioneer posted its latest quarterly
results. Most other leading Internet stocks were also losing ground
ahead of Google Inc.'s report, due after the market close.

Mortgages: U.S. mortgage rates move lower for first time in 6 weeks

CHICAGO
Mortgage rates moved down this week, with the rate on the 30-year
fixed-rate mortgage decreasing for the first time since early March,
according to Freddie Mac's weekly survey.