Wednesday, July 11, 2007

US STOCKS-Futures slip as U.S. subprime worries spread

(Reuters) - NEW YORK, July 11 - U.S. stock futures slipped on
Wednesday as signs of a worsening impact from the U.S. housing
slump sent global equities lower and investors fled stocks and
other riskier assets for the safety of government bonds.




But bargain-hunting after Tuesday's sell-off, a decline in
oil prices and news of large takeover in the steel industry
could help Wall Street to recover, analysts said.


Read more at Reuters.com Bonds News

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