Sydney, July 23, 2007 (ABN Newswire) - After surpassing the 14,000 mark for the first time on Thursday, the markets took a dip on Friday after some disappointing earnings results, and continued fears that problems in the housing market and subprime mortgage sector could hurt the broader market.

This week investors will be looking forward to an advance reading on economic growth and numbers on home sales, and we'll bring you those updates throughout the weekend.

Taking a look at Friday's numbers, the Dow Jones Industrials lost 149 points closing at 13,851; the S&P500 was down 19 ending at 1,534, and the Nasdaq dropped 32 points to finish at 2,688

The full report is available at the following video and audio links.

Video Link

http://abnnewswire.net/lnk/LUWZH11B

Audio Link

http://abnnewswire.net/lnk/BGMIAZ0T

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