Stocks & Bonds: Down End to a Very Down Week
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Share prices ended the week where they have spent seven of the last nine days: in the red.
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Wall Street pulled back yesterday, finishing slightly lower as investors grappled with an economic assessment by the Federal Reserve that warned yet again of inflation risks and reported a substantial slowing of the housing sector.
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Stocks closed mixed in postholiday trading Thursday as a drop in bond prices stifled Wall Streetâs excitement about new buyout activity and strength in service industries.
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A series of indexes that gauge investor confidence in subprime mortgage bonds dropped sharply this week.
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Stocks slid on Thursday afternoon, with financial shares hurt by rising bond yields.
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It was a bad week for the stock market until Friday, and then it got much worse.
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NEW YORK, June 12 -- Wall Street plunged Tuesday as investors drove the Dow Jones industrial average down nearly 130 points while grappling with a seemingly relentless rise in bond yields.
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Buffeted by concerns about a weakening economy, the stock market fell last week after two weeks of gains.
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Wall Street looked set to end the week on a weak note on Friday, with technology shares likely to fall after disappointing results from Microsoft Corp.  and Google Inc.
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Stocks plunged to their lowest level in a month, capping a week of poor earnings reports, particularly at large banks.
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By Rick Babson, The Kansas City Star, Mo.  Feb. 17--Wall Street crawled to the finish of an otherwise strong week on Friday, closing thinly mixed ahead of a three-day weekend.
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Bond prices fell Friday, as stocks were modestly lower in the wake of an uninspiring government job report. The price of the benchmark 10-year Treasury note fell 19/32 point, or $5.
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The stock market posted its first decline in a week after bond yields surged to a nine-month high amid signs that the economy might be gaining momentum.
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By MADLEN READ  NEW YORK - Investors better have rested up over the long weekend. This week may be short, but it's heavy on data that spans employment, housing, manufacturing, consumer sentiment and inflation.
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down - against other major currencies. The tumble has helped the portfolios of some fortunate Americans by bolstering the returns of their foreign stocks and bonds.
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Wall Street fell slightly as investors tried to determine whether stocks, coming off their best week in four years, can continue to show signs of recovery.
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Bond prices fell and stocks quickly followed suit on Thursday as anxiety over rising interest rates spread.