26 Jul
In the latest business news, reuters.com reported that Wall St dips further after home sale data. U.S. stocks briefly extended losses on Wednesday after data showed single family home sales fell in July to set their slowest pace on record, while prices were the lowest in more than 6-1/2 years, implying further loss of momentum in the economic recovery. The Dow Jones industrial average .DJI dropped 64.25 points, or 0.64 percent, to 9,976.20. The Standard & Poor’s 500 .SPX fell 8.31 points, or 0.79 percent, to 1,043.56. The Nasdaq Composite .IXIC lost 13.16 points, or 0.62 percent, to...
