(Reuters) - NEW YORK, July 16 - The broader U.S. stock market
fell on Monday on worries that troubles in the subprime
mortgage market may spread, but optimism about earnings at
multinational companies pushed the Dow to nearly 14,000.
Energy stocks fell, led by ConocoPhillips , because
of concern about dwindling profit margins for gasoline. In
addition, natural gas prices declined due to forecasts for
below-normal summer temperatures, hurting utility stocks.
Read more at Reuters.com Bonds News
fell on Monday on worries that troubles in the subprime
mortgage market may spread, but optimism about earnings at
multinational companies pushed the Dow to nearly 14,000.
Energy stocks fell, led by ConocoPhillips , because
of concern about dwindling profit margins for gasoline. In
addition, natural gas prices declined due to forecasts for
below-normal summer temperatures, hurting utility stocks.
Read more at Reuters.com Bonds News
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