Bulls Run into a Wall of Worry (Posted 7/18/2007)
Posted on July 18, 2007 at 17:29 PM EDT
Stocks finished off the worst levels of the day as buyers stepped in during the final hour. Financials led the slide after Bears Stearns said two troubled hedge funds it manages have little value. JP Morgan Chase's strong profit numbers were overshadowed by an increase in its loan-loss provision, while tech stocks took a hit after Intel offered mixed results.
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