Dire home sales report hammers stock market



 
Dire home sales report hammers stock market


Dow falls 143 on data showing purchase agreements sank 12.2% in July.



The stock market tumbled today after a worse-than-expected home sales report stoked fears that the beleaguered housing market has further to fall.

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News entry number 843 added on Sep 6, 2007 in the Business News category.

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