U.S. stocks drop as financials, mortgage foreclosures weigh (MarketWatch via Yahoo! Finance)
Story date: 2008-03-06 07:20:00
Added on: 2008-03-06 08:38:56
NEW YORK -- U.S. stocks head south on further bleak news from the financial sector, including word of a default at mortgage lender Thornburg Mortgage Inc. and news that Merrill Lynch & Co. is raising the conversion rates of some securities.
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