(Reuters) - NEW YORK, July 20 - U.S. stocks fell sharply on
Friday, battered by disappointing results from bellwether
stocks such as Caterpillar and Google, as well as worries about
the impact of the housing slump and losses from risky
mortgages.
Caterpillar Inc. , the heavy equipment maker, said
quarterly earnings fell more than expected due to a sharp drop
in truck engine sales and weakness in North American
construction. For details, see [ID:nL20191126]. Its stock
tumbled nearly 8 percent.
Read more at Reuters.com Bonds News
Friday, battered by disappointing results from bellwether
stocks such as Caterpillar and Google, as well as worries about
the impact of the housing slump and losses from risky
mortgages.
Caterpillar Inc. , the heavy equipment maker, said
quarterly earnings fell more than expected due to a sharp drop
in truck engine sales and weakness in North American
construction. For details, see [ID:nL20191126]. Its stock
tumbled nearly 8 percent.
Read more at Reuters.com Bonds News
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