Thursday, April 19, 2007

US STOCKS-Wall St seen down on China rate worries

(Reuters) - NEW YORK, April 19 - U.S. stocks were headed for a sharp drop at Thursday's open as investors worried that faster Chinese economic growth may trigger interest rate increases, battering global equities a day after the Dow hit a record.

In company news, Bank of America Corp. said profit fell in the bank's three main business lines. In Germany its shares fell 1.6 percent.


Read more at Reuters.com Bonds News

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