Stocks tumble after sales of existing homes fall

七月 24, 2008 at 21:58 | 張貼於Economy, USA | 發表留言

NEW YORK (AP) — 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 about 2 percent, including the Dow Jones industrial average, which lost more than 275 points.



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