Tuesday, July 24, 2007

US STOCKS-Wall St set for drop on profit woes

(Reuters) - NEW YORK, July 24 - U.S. stocks headed for a drop
at the open as disappointing profits from chemical company
DuPont Co. and building materials maker USG Corp
raised concerns about the housing slump and its impact on the
economy and earnings.




Apple Inc was another disappointment, with its
stock down 4.2 percent at $137.65 in electronic trade after
AT&T Inc. , the network carrier for Apple's iPhone,
reported disappointing data on activations for the handset.


Read more at Reuters.com Bonds News

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