US stocks fall following drop in home sales, spike in inventories
NEW YORK (AP): Wall Street retreated Monday, losing momentum from last week's gains after news that sales of existing homes slipped in July for a fifth straight month stirred concerns about the strength of the economy. Sales of existing homes slowed to their most...
Energy futures fall on concerns about the American economy
NEW YORK (AP):Oil and gasoline futures slid Monday, following Wall Street lower after a home sales report raised further concerns about economic growth in the United States. Trading volumes were low, a function of the holiday week. Monday is a bank holiday in London...
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