Bloomberg - "S&P 500 Stalls on Concern Subprime Losses to Worsen; Dow Gains" (6-30-07)

"The Standard & Poor's 500 Index was little changed amid heightened concern that losses from loans to the riskiest borrowers will mount, while the Dow Jones Industrial Average gained, capping its biggest quarterly advance since 2003. Bear Stearns Cos., Goldman Sachs Group Inc. and Lehman Brothers Holdings Inc. led financial firms to the second- steepest retreat among 10 industries in the S&P 500. Bear Stearns this week said it would spend $1.6 billion to bail out two hedge funds that made bad bets on bonds backed by subprime mortgages."