Stocks slide again as U.S. recession risks bite
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Shares from Sydney to London sank for a second day on Tuesday, dragging commodity prices with them and promising similar falls for Wall Street as investors abandoned assets exposed to the risk of a global economic slowdown.
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U.S. stocks tumbled on Friday, battered by disappointing results from such bellwethers as Caterpillar and Google, and more signals that fallout from the risky subprime mortgage market may spread.
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Share prices in Japan and South Korea fall again, a day after global stocks tumbled amid fears of a recession.
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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 tanked Tuesday afternoon, after a report showing a big slowdown in the services sector of the economy amplified fears that a recession is underway or imminent.
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U.S. stocks tumbled on Tuesday after a warning by phone company AT&T of soft consumer spending sparked a new round of recession fears, helping drive the S&P to its worst-ever five-day start to a year.
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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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U.S. stocks fell on the first trading day of the year on Wednesday, with the Dow slumping about 2 percent to dip below the 13,000 level, after U.S. manufacturing data showed signs of contraction and oil hit $100 a barrel, raising the possibility of a recession in 2008.
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Stocks dropped on Monday, with the Nasdaq losing more than 1 percent, as worry about a possible recession hurt economically sensitive stocks like energy and financial shares.
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European and Asian stock markets suffered further heavy falls on Monday as worries about a US recession continued to erode investor confidence.
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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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U.S. stocks slipped on Friday on signs   the economy may be slowing more sharply than previously   thought, threatening corporate profits, including those of   large industrial companies.
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Stocks slid on Friday as investors  sold shares on concerns about increasing risk aversion in  global financial markets.
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U.S. stocks tumbled on Friday, with the Nasdaq logging its sharpest decline in nearly a year, after data showing rising unemployment stoked worries of a recession.
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Stocks edged lower on Wednesday on disappointment about corporate financial results and uncertainty whether an expected Federal Reserve rate cut could head off a U.S. recession.
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Stocks tumbled across Asia as panicky investors feared a U.S. recession could derail global economic growth, and a sharp drop in U.S. stock index futures pointed to heavy selling in New York later on Tuesday.
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Stocks slumped for a second straight session Tuesday after Wall Street saw an unexpected contraction in the service sector as evidence that the economy is sinking into recession