U.S. Stocks Fall on Earnings Outlooks; D.R. Horton, Bear Stearns Decline

(Bloomberg) -- U.S. stocks fell for the first time
in six days on concern the housing slump will hurt earnings
after D.R. Horton Inc. forecast a loss and Standard & Poor's
said it may cut ratings on bonds backed by subprime mortgages.

D.R. Horton, the second-largest U.S. homebuilder, slid
after saying it sees no sign of a housing rebound. Bear Stearns
Cos., the second-biggest U.S. underwriter of mortgage-backed
securities, retreated after S&P said losses in mortgage bonds
will rise beyond its previous expectations.


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