Tuesday, July 17, 2007

European Stocks May Drop; Technology, Energy, Financial Shares May Decline

(Bloomberg) -- European stocks may fall, paced by
technology shares after Intel Corp. and Yahoo! Inc. of the U.S.
said competition is hurting profit. U.S.-traded securities of Arm
Holdings Plc slipped.

Financial stocks might drop after Bear Stearns Cos. told
investors there's ``little value left'' in its two failed hedge
funds. Energy shares including BP Plc and Total SA will probably
follow declines by their U.S. counterparts yesterday after crude
oil dropped from an 11-month high.


Read more at Bloomberg Stocks News

No comments: