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ID: 23188
Title: Stocks drop as more home loans go bad; Micron warns (Reuters)
Description:

The U.S. flag is displayed on the front of the New York Stock Exchange February 9, 2007. (Chip East/Reuters)Reuters - U.S. stocks fell on Friday after Countrywide Financial Corp. became the latest mortgage lender to warn of rising defaults, while chip maker Micron Technology Inc.'s poor forecasts shook the tech sector.


Category: Business/
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Date Added: February 10, 2007 01:12:23 AM
Number Hits: 0