Thursday, July 26, 2007

Global stocks sink on credit woes

(Reuters) - Adding to the nervousness, the dollar fell sharply against the yen.




Wall Street was under pressure from the opening bell and stocks fell further after a report showed U.S. new home sales slumped in June by a steeper-than-expected 6.6 percent. The median price of a new home also fell from a month earlier.


Read more at Reuters.com Bonds News

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