Wednesday, July 25, 2007

Stock futures up, earnings, home sales eyed

(Reuters) - U.S. markets took a tumble on Tuesday, with the three major indexes posting their worst one-day performance since March 13, as some disappointing earnings results heightened concerns about the housing market.




"Results have been varied so far. There have been a few positive updates but also some that were not so pleasant and that has showed that earnings are not so stable," said Heinz-Gerd Sonnenschein, strategist at Germany's Postbank.


Read more at Reuters.com Business News

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