Thursday, July 26, 2007

Mexican stocks slump 3 pct on U.S. economy worries

(Reuters) - The IPC index of leading shares slumped 3.17 percent
to 30,117 points and the peso dropped 0.88 percent to 10.965
per dollar. At one stage the peso weakened more than 1
percent.




A sharp fall in new-home sales in the United States and
data showing an unexpected slide in U.S. business investment
sparked a sell-off on the Mexican stock market and pushed the
index down for third straight day.


Read more at Reuters.com Bonds News

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