Stocks: Another Subprime Stumble

S&P's warning on mortgage-backed debt, along with gloomy earnings news from Home Depot and Sears, sent investors to the exits Tuesday

Equity investors, faced with a batch of negative headlines on corporate profits, subprime loans, and oil prices, beat a retreat on Tuesday, with major U.S. indexes each losing over 1%.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.