US STOCKS-Indexes drop as housing spurs economic worry

Newswire

(Updates to early morning) By Ellis Mnyandu NEW YORK, Sept 25 (Reuters) - U.S. stocks fell on Tuesday as news pointing to more upheaval in housing and warnings from two major retailers fueled concerns about the economy's health and the outlook for profits. Shares of homebuilders were among the top losers after Lennar Corp. reported a third-quarter loss, its biggest ever, and a report showed further deterioration in prices of existing single-family homes in 20 major U.S. cities. ...

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