US STOCKS-Credit worries return, driving Wall St lower

Newswire

(Updates to close) By Kristina Cooke NEW YORK, July 31 (Reuters) - U.S. stocks tumbled on Tuesday as worries about the deteriorating credit market resurfaced with news of another mortgage lending casualty. Stocks had risen Monday and the first half of Tuesday's session, but the relief rally was cut short when American Home Mortgage Investment Corp. said it may have to liquidate assets. Shares of the mortgage lender fell 90 percent. Investors remain sensitive to news about worsening ...

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