Wednesday, July 25, 2007

Dow falls 226 on mortgage worries




Jul 24 - Stocks had their second biggest drop of the year as worries about the housing sector, the impact of the subprime mess and general uneasiness over corporate profits sparked the retreat.The Dow crumbled 226 points to 13,716. The Nasdaq tumbled 50 points to 2,639. The S&P 500 lost 30 points to 1,511. Crude oil prices fell for the third consecutive session.

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