Friday, July 6, 2007

U.S. Stocks Drop as Jobs Growth Tops Forecast; Microsoft Shares Decline

(Bloomberg) -- U.S. stocks fell, paring a weekly
gain, after signs of a tightening labor market heightened
concern that economic growth will stoke inflation.

Verizon Communications Inc., General Motors Corp. and
American Express Co. led the Dow Jones Industrial Average lower
for a second day. Microsoft Corp., the world's biggest software
maker, dropped after it said repairs to its Xbox 360 game
console will cost as much as $1.15 billion.


Read more at Bloomberg Stocks News

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