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US Stocks Retreat on Subprime Concern; Bank, Tech Shares Fall »

Posted by: usdandy 2 years, 3 months ago
Archived 9 0 drops

U.S. stocks fell after troubled American Home Mortgage Investment Corp. said it lacks cash to fund new loans and traders speculated Apple Inc. will cut production of its widely touted iPhone. The Standard & Poor's 500 Index posted its biggest monthly decline in three years.

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  • Avg rating: (+0/-0 0)Gigis
    Gigis
    Sept. 17, 2007, 8:19 a.m.

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