S&P 500 Futures Decline Ahead of Housing Report; Nvidia, Bear Stearns Drop

(Bloomberg) -- Standard & Poor's 500 Index futures
declined before a report that may show the housing slump has
worsened.

Nvidia Corp., the maker of graphics chips, slipped after a
Goldman, Sachs & Co. downgrade. Bear Stearns Cos., the U.S.
securities firm trying to prevent two of its hedge funds from
collapsing, retreated after CIBC World Markets Inc. cut its
estimate on the shares.


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