Market falls on write-down worries
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Stocks fell on Thursday, after disappointing quarterly results from companies such as Comcast Corp  and as investors worried financial services companies would report more big losses from the credit crisis.
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Brokerage announces weaker-than-expected results dragged lower by a writedown in the value of some of its assets.
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Stocks dropped on Thursday on worries that financial services companies would report more big losses from the credit crisis.
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Stocks turned lower on Friday as lingering worries about losses in the subprime mortgage lending sector overshadowed signs of continued strength in the U.S. job market.
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Stocks fell on Thursday as shares of financial services companies slid on concerns about the lingering effects of the credit crunch following Bank of America Corp's disappointing quarterly results.
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Stocks fell on Wednesday after data showed deterioration in the employment and housing markets, underscoring concern that problems of the subprime mortgage market were spreading to the wider economy.
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Stocks declined on Monday, led lower by financial shares, as a rush by savers to withdraw deposits at a large British mortgage lender fueled worries the credit market turmoil would spread.
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Worries about the U.S. economy and fears over bank credit rippled across financial markets on Monday, sending stocks sharply lower and setting up Wall Street for a poor start.
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Stocks fell on Thursday as doubts grew that a plan by global central banks to thaw credit markets could work, sending financial shares lower.
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Stocks dropped in early trading, with Wall Street taking few chances amid concerns that shrinking credit is hurting the economy.
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London equities fell on Thursday, on renewed worries about potential write-downs in the financial sector.
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Stocks fell on Tuesday as a brokerage's downgrades of investment banks and renewed credit concerns hit shares of financial companies, while data fueled doubts about the economy's outlook.
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US STOCKS were knocked lower yesterday as investors worried that rising prices for oil and commodities would dent corporate profits, while drug shares fell on possible stricter scrutiny from regulators.
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Investors, frightened by the prospect of a new subprime mortgage crisis that could dwarf the write-downs of the last few months, sent markets lower.
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Stocks slid on Monday as worries about the housing slump's impact on the economy rattled investors, driving down shares of bellwethers such as Caterpillar Inc .
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Stocks fell on Monday as data pointing to further trouble in the housing sector fueled concerns about the outlook for the economy and corporate profits.
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Stocks fell on Thursday, after a sharp drop in Bank of America Corp's  earnings stoked worries about the impact of the credit crunch on profits and the economy.