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ID: 28229
Title: Shares sink as subprime worries rise (Reuters)
Description:

Houses under construction in a file photo. U.S. stocks fell sharply on Tuesday, pushing all three major indexes down 1 percent, as mounting losses in the subprime mortgage sector caused investors to sell riskier assets. (John Gress/Reuters)Reuters - Stocks plunged on Tuesday in their second-worst sell-off of the year as the impact of losses in the subprime mortgage group cascaded across the financial sector, knocking down shares of investment banks and traditional lenders.
Category: Business/
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Date Added: March 13, 2007 09:54:57 PM
Number Hits: 0
 
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