Market falls on recession worries
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Stocks fell on Tuesday as fears of a recession gripped investors and pushed the Nasdaq briefly into bear market territory.
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Wall Street shares slid at the open Tuesday after a surprisingly weak reading on US service sector activity intensified fears about a recession in the world's biggest economy.
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European and Asian stock markets plunged Monday following declines on Wall Street last week amid investor pessimism over the U.S. government's stimulus plan to prevent a recession.
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NEW YORK -- Wall Street stumbled Friday after a key survey showed that manufacturing activity declined in November and raised concerns that the economy won't be able to achieve a soft landing.
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Stocks fell on Tuesday after a report showing a decline in retail sales underscored worries about a recession and Citigroup Inc's  loss hurt financial shares.
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Stocks tumbled on Tuesday, with the S&P and Nasdaq falling more than 2 percent, after a report showing a decline in retail sales bolstered the market's suspicions the economy was heading into a recession.
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Stocks tumbled on Friday, driving major indexes down nearly 2 percent, as data showing the first monthly drop in payrolls in four years stoked fears on Wall Street that the economy was headed into recession.
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Recession worries pushed stocks lower on Tuesday, but the decline was shallower than feared at first as an emergency interest-rate cut by the Federal Reserve helped ease investor fears and stabilize global markets.
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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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Stocks plummeted this morning after an emergency rate cut from the Fed failed to reassure investors worried about a recession. The Dow tumbled more than 400 points right after the opening bell, then recovered a bit. International markets also have plunged on worries about a global slowdown.
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Stocks fell on Friday as investors lost their appetite for risk and sold shares of financials, home builders and other sectors that have been at the center of the credit market crisis.
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Stocks slipped on Monday as concern about the impact of the housing slump and credit squeeze hurt shares of financial companies.
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Stocks fell on Thursday, led lower by tech shares as investors worried about the impact of a slowing economy on the outlook for profits.
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Stocks dropped sharply on Friday as recession worries mounted after data showing weak job growth in December and rising unemployment.
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U.S. stock index futures sank in  holiday-shortened trading on Monday as fear of a U.S. recession  gripped investors, indicating Wall Street was likely to join a  global equity markets plunge that may usher in a bear market  when trading resumes on Tuesday.
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Stocks dropped on Friday as investors tempered optimism that the economy may avoid recession, and they locked in profits on banking and pharmaceutical shares after two days of sharp gains.
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Business & money: Stockmarkets fell sharply on continuing fears of a recession in the US that also pushed oil prices below $90.