Tuesday, 19 June 2007

U.S. Stock-Index Futures Fall on Housing Data; Best Buy, Lennar Retreat

(Bloomberg) -- U.S. stock-index futures fell after
housing starts dropped in May, stoking concern the real-estate
slump will continue to weigh on economic growth.

Lennar Corp., the largest U.S. homebuilder, declined. Best
Buy Co., the biggest consumer electronics chain, slid after
reporting earnings that trailed analyst estimates.


Read more at Bloomberg Stocks News

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