Stocks sink on dollar worries
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U.S. stocks dropped on Friday, pulling back sharply from highs reached in the previous session, as a steep decline in the dollar heightened inflation worries and left U.S. shares less appealing to foreign investors.
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NEW YORK - US share prices fell yesterday as the dollar slumped to a record low against the euro. The Dow Jones Industrials Average was down 50.99 points at 10,776.13, the Standard and Poor&#39;s 500 Index fell
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NEW YORK -- Stocks fell in early trading Friday as a lower-than-expected consumer confidence reading and a weaker dollar weighed on enthusiasm from a stronger-than-expected employment report.
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Stocks fell sharply on Wednesday after oil prices jumped more than a dollar and a US government review questioned home finance company Fannie Mae&#39;s (FNM.
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Japanese stocks fell Wednesday morning as traders sold pharmaceutical and tech issues. The dollar was slightly higher against the yen.
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Tokyo stocks fell Thursday as investors took profits after five straight sessions of gains. The dollar was down against the Japanese yen.
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U.S. stocks fell on Monday, with the  blue-chip Dow at a new low for the year, after oil prices  climbed to new highs overnight and the dollar fell to within a  cent of record lows against the euro.
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Tokyo stocks plunged more than 2 percent Monday morning and the US dollar traded just above its four-and-half-year lows against the yen, following a dollar selloff in New York on concerns over the swollen US trade deficit.
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Tokyo stocks fell on Thursday, hit by  losses in exporters such as Canon Inc. after the dollar tumbled  against the yen to its lowest in over a month, dragged down by  a record U.S. trade deficit.
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Tokyo stocks fell on Thursday, hit by losses in exporters such as Canon Inc. after the dollar tumbled against the yen to its lowest in over a month, dragged down by a record U.S. trade deficit.
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Stocks edged lower on Thursday as weakness in the dollar raised worries about inflation two days after the Federal Reserve's aggressive interest rate cut.
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The dollar retreated against major  currencies on Tuesday as investors took profits on sharp U.S.  jobs-related gains last week, turning cautious ahead of a  speech by Federal Reserve Chairman Alan Greenspan on Wednesday.
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Stocks tumbled on Thursday as a strengthening yen stirred concern that investors were being forced to unwind carry trades in a repeat of the risk aversion that sparked Tuesday's global market rout.
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U.S. stocks fell for a second day on   Thursday on persistent concerns over global inflation and   further signs of a deterioration of the U.S. housing market.
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Tokyo stocks plunged Monday morning, following disappointing news about Japan's economic growth on Friday. The U.S. dollar was down against the Japanese yen.
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US stocks fell on Monday as a lower dollar, high oil prices and uncertainty over the US presidential election made investors cautious.
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U.S. stocks fell on Monday, with the  blue-chip Dow hitting a new low for the year, as oil prices set  new records above $55 a barrel and the dollar fell to within a  cent of record lows against the euro.