Stocks tumble on revenue concerns

The commercial Real estate: Stocks slumped Tuesday on anxieties about weaker-than-expected income growth at major U.S. companies, despite muscular quarterly profits and some upbeat corporate guidance.The Dow Jones manufacturing average (INDU) was down 72 points, or 0.7%, at midday. The S&P 500 (SPX) index sank nearly 5 points, or 0.5%, and the Nasdaq (COMP) composite lost 17 points, or 0.7%.

The move away came as investors carry on focusing on periodical financial reports from corporate America. A total of 122 companies are slated to post results this week. Anxiety that the U.S. financial system could dip back into recession later this year have keep Wall Street on edge following a recent spate of unsatisfactory reports on the job market, real estate and consumer spending. A dour account at large Tuesday on June housing starts added to concerns about the economy.

for more news about:Stocks tumble on revenue concerns,famous celebrities, nasa space station info