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.