Friday, July 27, 2007

US STOCKS-Indexes drop more than 1 pct on credit concerns

(Reuters) - NEW YORK, July 27 - U.S. stocks plunged for a
second day on Friday, in the worst week for the S&P 500 in
nearly five years, as tightening credit conditions led to
concerns that takeovers would slow.




Losses accelerated in the final minutes of trading, taking
the Dow industrials down more than 200 points, a day after an
equities sell-off that wiped out more than $300 billion in the
value off the S&P 500.


Read more at Reuters.com Bonds News

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