Friday, July 20, 2007

US STOCKS-Indexes sink as Google, Caterpillar falter

(Reuters) - NEW YORK, July 20 - U.S. stocks fell on Friday,
with the Dow knocked off its 14,000-point perch and the Nasdaq
down more than 1 percent, after bellwether stocks Caterpillar
Inc. and Google Inc posted disappointing
earnings.




Caterpillar, the maker of heavy construction equipment,
said quarterly earnings fell more than expected due to a sharp
drop in sales of diesel truck engines and weakness in North
American construction. For details, see [ID:nL20191126].


Read more at Reuters.com Bonds News

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