US SMALL/MIDCAPS-Weak outlooks push stocks lower

Newswire

By Chuck Mikolajczak NEW YORK, July 29 (Reuters) - Mid- and small-cap stocks fell on Thursday after a round of disappointing earnings and weak forecasts provided further evidence of a slowing economy. The S&P MidCap 400 index lost 0.5 percent, while the S&P SmallCap 600 index shed 0.3 percent. In comparison, the benchmark S&P 500 was off 0.4 percent. Midcap Harsco Corp dropped 13.6 percent to $23.20 after the provider of products and services to metal producers posted lower ...

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