Techs sink at open

U.S. markets steer lower amid earnings disappointments, housing weakness.

July 18 2007: 9:32 AM EDT

NEW YORK (CNNMoney.com) -- U.S. stocks retreated at Wednesday's open after some earnings disappointments, particularly in the tech sector, and a weak housing report.

The Dow Jones industrial average eased 0.3 percent. The Nasdaq composite index lost 0.7 percent. The Standard & Poor's 500 index was down 0.3 percent.

Among stocks in the news Wednesday: Pfizer (Charts, Fortune 500), Yahoo (Charts, Fortune 500), Intel (Charts, Fortune 500), Macy's (Charts), Bear Stearns (Charts, Fortune 500) and Delta Air Lines (Charts, Fortune 500). Top of page
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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.
© 2012 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Ad choices .