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26 Oct

Wall Street sinks on home builder worry, financials (Reuters)

Posted in business on 26.10.09

In this Aug. 16, 2007 file photo, the flags on the facade of the New York Stock Exchange are a backdrop for a Wall Street street sign. A strengthening dollar and worries about an overheated market pounded stocks on Monday, Oct. 26, 2009. (AP Photo/Richard Drew, file)Reuters – U.S. stocks fell for a second straight session on Monday as investors ditched home builders and financials on fears that a federal home buyer tax credit might be phased out, while commodity shares succumbed to pressure from the higher U.S. dollar.



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