Wednesday, July 11, 2007

U.S. Stock-Index Futures Fall; Shares of Home Depot, Walt Disney Retreat

(Bloomberg) -- U.S. stock-index futures declined,
erasing an earlier advance, on growing concern that the housing
slump will reduce second-quarter earnings.

Home Depot Inc. and Walt Disney Co. led declines in Dow
Jones Industrial Average members. Baker Hughes Inc., the
world's third-largest oilfield-services provider, dropped after
Merrill Lynch & Co. downgraded the shares to ``neutral.''


Read more at Bloomberg Stocks News

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