U.S. Stocks Fall for Week on Concern Housing Slump Will Lead to Defaults

(Bloomberg) -- U.S. stocks had their first
weekly decline in a month after concern grew that loan
losses at banks and brokerages will restrain corporate
profit growth.

Merrill Lynch & Co., Lehman Brothers Holdings Inc. and
Morgan Stanley helped financial shares in the Standard &
Poor's 500 Index tumble the most since March. Google Inc.,
Intel Corp. and Pfizer Inc. declined following their
quarterly reports.


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