Defense/Aerospace Stocks May Not Reflect Ind Strength-Analysts - CNN Money

Defense/Aerospace Stocks May Not Reflect Ind Strength-Analysts - CNN Money
Aerospace and defense stocks got some ammunition this week, with many companies reporting robust second-quarter earnings growth. But the sector is in a slump. For the first time in nine years, it is trailing the broader stock market. Year-to-date

Asia Day Ahead: U.S. Stocks Fall; Ford Shifts Away From Trucks - Bloomberg
July 25 (Bloomberg) -- U.S. stocks tumbled, sending financial shares to their worst drop in eight years, after home sales slid more than forecast and investor Bill Gross predicted the housing slump will cost banks and brokerages $1 trillion. Gold

Stocks tumble after sales of existing homes fall - BusinessWeek
Wall Street abruptly ended an earnings-driven rally and closed sharply lower Thursday after a steeper-than-expected decline in existing home sales and worries about the financial sector chilled the market's recent optimism. The major indexes fell

Rates, U.S. serve double-whammy to Brazil stocks - Reuters
SAO PAULO, July 24 (Reuters) - Brazil's stock market slumped more than 3 percent on Thursday with a steep rate rise in the previous session and tumbling U.S. stocks serving a double blow to a market suffering sharp losses this month. Sao Paulo's main

U.S. Stocks Drop as Financials Have Biggest Decline in 8 Years - Bloomberg
July 24 (Bloomberg) -- U.S. stocks tumbled, sending financial shares to their worst drop in eight years, after home sales slid more than forecast and investor Bill Gross predicted the housing slump will cost banks and brokerages $1 trillion

US STOCKS-Wall Street tumbles, led by financials - Reuters
NEW YORK, July 24 (Reuters) - U.S. stocks tumbled more than 2 percent on Thursday after a report showing yet another drop in U.S. home sales prompted investors to take profits in financial shares, which had rallied over the past week. The Dow fell

Toronto stocks tumble as banks get hit hard - Forbes
TORONTO (Reuters) - The Toronto Stock Exchange's main index sank more than 2 percent Thursday in a broad decline sparked by losses in financial-services shares as sour data highlighted concerns over the U.S. economic outlook. Agnico-Eagle Mines (nyse

Stocks End With Steep Losses - Street.Com
Updated from 4:21 p.m. EDT U.S. stocks limped into the close after taking a merciless beating throughout the session as investors were dealt more data on a slumping housing market that only seemed to be getting worse. The Dow Jones Industrial Average

Investors move back into Treasurys after stocks take dive, sluggish - Chicago Tribune
NEW YORK (AP) _ Treasury prices rose Thursday after the National Association of Realtors reported that sales of previously owned homes fell in June to the lowest level in a decade and stocks snapped a two-day rally. The Realtors said sales declined

Housing report slams stocks, Dow falls 250 - MSNBC
NEW YORK - Stocks skidded lower Thursday after a steeper-than-expected decline in sales of existing homes wiped away some of the market's optimism about upbeat earnings reports. The major indexes fell about 1 percent, including the Dow Jones