Friday, July 27, 2007

US STOCKS-Indexes slide as optimism about deals dim

(Reuters) - NEW YORK, July 27 - U.S. stocks slid on Friday,
sending all three major indexes down more than 1 percent, as
investors worried that a broadening deterioration in credit
markets would hurt chances for more corporate takeovers and dry
up funding.




Comments by Treasury Secretary Henry Paulson briefly lent
some support, but the underlying tone on Wall Street remained
nervous, a day after equities suffered their second worst
decline of the year.


Read more at Reuters.com Bonds News

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