Markets slip as housing worries weigh
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Stocks edged lower on Friday as weaker-than-expected data on new home sales reinforced worries about the housing and mortgage markets.
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Stocks slid on Tuesday as the subprime mortgage crisis escalated, undermining banking shares while Home Depot Inc.  and other housing-related companies lowered their outlooks.
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U.S. stocks inched lower on Monday as investors were hesitant to add positions after last week's broad gains and awaited a report on the U.S. service sector to yield clues about the outlook for the economy.
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U.S. stocks fell on Thursday as data signaling strength in the economy and rising bond yields increased interest-rate concerns, spurring investors to lock in profits before a long holiday weekend.
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Shares on Wall Street looked set for a weaker start on Wednesday as concerns about the U.S. subprime mortgage market resurfaced ahead of U.S. housing and key inflation data and a slew of corporate earnings.
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U.S. stocks fell for a second day on   Thursday as fears over inflation and higher interest rates   combined with signs of further weakness in the housing market   softened demand for equities.
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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 extended losses on Wednesday after data showing weaker-than-expected existing-home sales added to concerns about the U.S. economy.
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U.S. stocks slid on Tuesday after Merrill Lynch warned that ailing credit markets will hurt bank profits, while reports showing eroding consumer confidence and falling home prices added to concerns about the economy.
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Shares were down in early trading today as Wall Street, cautious after a drop in durable goods orders and a meager decline in jobless claims, awaited data on new home sales.
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Business & money: Housing market slows as mortgage approvals fall.
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U.S. stocks fell for a second day on   Thursday as fears over inflation and higher interest rates,   combined with signs of further weakness in the housing market,   dampened demand for equities.
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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 edged lower on Monday as investors worried that weakness in housing threatened to slow the economy and corporate profit growth.
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Stocks tumbled on Monday on worries the housing slump was dragging on the economy at the same time inflation was posing a growing menace.
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Stocks fell on Tuesday as the housing slump took a toll on companies' earnings outlooks, while trouble in the subprime mortgage market hurt financial companies' shares.
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The Dow and the S&P 500 slipped on Tuesday, after a report showed consumer confidence fell to a 2-year low, and with investors jittery a day ahead of a Federal Reserve interest-rate decision.