Tuesday, July 10, 2007

Mexican stocks fall hurt by U.S. economy concerns

(Reuters) - The benchmark IPC stock index dropped 0.89 percent
to 31,801 points, while the peso currency
weakened 0.21 percent to 10.7850 per dollar.




The United States' largest home improvement chain, Home
Depot Inc , roiled markets by lowering its 2007 earnings
outlook, while Standard and Poor's warned that it may cut the
credit ratings of $12 billion worth of bonds backed by subprime
loans.


Read more at Reuters.com Bonds News

No comments: