Wall St gives up gains as supbrime woes worsen
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U.S. stocks slipped on Friday, failing to hold on to early gains as a declining appetite for risk and concerns about the subprime mortgage market offset optimism about data showing steady job growth.
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U.S. stocks cut gains on Thursday, sending the Nasdaq into negative territory, as a drop in shares of Web search company Google Inc.  overshadowed optimism about corporate profits.
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The Dow was down more than 200 points at one point today as earnings reports from Wachovia and Caterpillar disappointed investors.
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Stocks slid sharply on Friday, after bellwether stocks such as Caterpillar and Google posted disappointing earnings.
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U.S. stocks fell on Friday, as banks and brokers retreated on concerns about the impact of tightening credit on takeovers and the subprime mortgage industry.
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London equities were losing ground by midday Friday, as financial stocks sagged with investor concern over banks&#39; and asset managers&#39; exposure to sub-prime mortgage assets in the United States.
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U.S. stocks fell on Thursday, led lower by technology shares, as investors turned skittish about Friday's jobs report and the economy's prospects.
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U.S. stocks ended lower on Thursday as investors took profits following data that signalled strength in the economy and revived interest-rate concerns.
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Mortgage and shopping blues combine to push stocks lower.
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By George Chamberlin , Daily Transcript Financial Correspondent. Early gains Monday eroded quickly and the financial markets finished the session mixed.
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U.S. stocks slid on Thursday as worries about bad mortgage debts hit bank shares and a warning from home builder Toll Brothers Inc.  reignited concern about weakness in the housing market.
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Stocks turned lower on Monday as financial and energy shares declined and an advance in technology shares lost steam.
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Stocks fell on Tuesday after disappointing earnings from Procter & Gamble and U.S. Steel and a Wall Street Journal article that cast doubt on the chances for a Federal Reserve interest rate cut on Wednesday.
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Wall Street stocks were set for a lower start on Wednesday, as investors looked to pull back some of the market&#39;s sharp gains on Tuesday.
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US shares retreated on Monday when investors sought to lock in recent profits amid fears that a weak jobs market would lead to mounting losses in the consumer credit sector.
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US stocks extended this week's sharp losses on Wednesday when a tentative rally fizzled out amid renewed concerns about the US economy sending the Nasdaq back into a bear market.
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U.S. stocks ended sharply lower on Friday, with all three major indexes snapping a three-week streak of gains, after disappointing results from companies such as Caterpillar Inc.  and Google . Concerns about more credit problems tied to the subprime mortgage market added to the weaker sentiment.