Friday, August 24, 2007

Bulls retreat on economic worries




Aug. 23 - Stocks pull back from an early run up after Countrywide alarms investors over spill-over from the housing market. Credit woes also hit the U.S. commercial paper market. The Dow closed down fractionally at 13,235.88. The S&P 500 was down 1.57 points to close at 1,462.50. The Nasdaq lost 11.10 points to close at 2,541.70.

Diane King reports from New York.

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