NEW YORK, July 24 -- Wall Street abruptly ended an earnings-driven rally and closed sharply lower Thursday after a steeper-than-expected decline in existing-home sales and worries about the financial sector chilled the market's recent optimism. The major indicators fell about 2 percent, including...
Dive in Home Sales Cuts Short An Earnings-Driven Rally
NEW YORK, July 24 -- Wall Street abruptly ended an earnings-driven rally and closed sharply lower Thursday after a steeper-than-expected decline in existing-home sales and worries about the financial sector chilled the market's recent optimism. The major indicators fell about 2 percent, including...