Wall Street sinks on retail data
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Stocks slid on Tuesday as a report showing a surprise drop in retail sales in December bolstered the market's suspicions the economy was heading into a recession, while a bigger-than-expected loss at Citigroup Inc  dragged down the financial sector.
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U.S. stocks dropped sharply on Tuesday, pushing the Dow down more than 200 points in its second-biggest drop of the year, as mounting losses in the subprime mortgage sector and weak retail sales caused investors to sell riskier assets.
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Wall Street stocks were set for a lower start on Tuesday, after major retailers lowered their sales forecasts and house prices fell at their sharpest pace during July for sixteen years.
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Stocks declined Monday, the last day of a volatile and difficult year on Wall Street.
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Wall Street stocks fell on Tuesday sterday as concerns about the US consumer and worries about the health of financial companies weighed on equities.
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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 expectations of a recession.
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Wall Street stocks opened lower on Wednesday as the market responded to worse- than-expected data on US worker productivity and lingering fears about inflation.
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US stocks fell sharply on Tuesday, hurt by retail and housing sector earnings warnings. Financials were roiled by more bad news from the subprime mortgage market.
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Wall Street stocks slumped in volatile trade on Tuesday, led by telecoms, financials and technology amid concerns about the US consumer and worries about the health of banks.
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U.S. stocks fell sharply on Tuesday, pushing all three major indexes down 1 percent, as mounting losses in the subprime mortgage sector caused investors to sell riskier assets.
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U.S. stocks slid on Monday, with the Nasdaq losing nearly 2 percent, amid concern about Google Inc.'s  valuation and doubts about holiday spending after a disappointing sales estimate from Wal-Mart Stores Inc. .
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U.S. stocks fell on Tuesday, with the Nasdaq tumbling 1 percent, after government data showed the sharpest rise in producer prices in 32 years last month and Oracle Corp.  reported disappointing sales.
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Wall Street stocks were poised to open sharply lower on Thursday, erasing some gains from the previous day's tentative recovery, after the release of mixed economic data and weakness in global equity markets.
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Wall Street stocks tumbled on Tuesday after an index of service sector activity slumped to its lowest level since the aftermath of the September 11 attacks, accentuating fears for the health of the US economy.
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All three major U.S. stock indexes ended down more than 2 percent on Tuesday after a record quarterly loss at top U.S. bank Citigroup Inc.  and a surprise drop in December retail sales fueled recession fears.
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U.S. stocks tumbled on Monday as a disappointing sales forecast from Wal-Mart Stores Inc.  raised doubts about consumers' holiday spending and Google Inc.  dropped after Barron's newspaper said the stock was overvalued.
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U.S. stocks fell on Thursday after weaker-than-expected durable goods data raised concerns about the outlook for the economy and profits.