Stocks Fall as China Raises Rates
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U.S. stocks fell on Thursday morning  after China's central bank said it was raising interest rates  for the first time in nine years, fueling concerns that global  economic growth may slow.
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China's main share index fell 3.4% after state-owned firms said they would sell more stock next week.
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The leading share index fell Thursday amid investor worries about further hikes in interest rates after the Bank of England (BoE) raised its main borrowing rate to 5.75 percent.
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Wary investors sent stocks lower Thursday after a pair of European central banks raised interest rates, increasing expectations on Wall Street that the Federal Reserve would follow suit next week.
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Stocks tumbled on Tuesday, sending the benchmark Standard & Poor's 500 index down more than 2 percent, after China's main equity index plunged on concerns that share valuations there had become overextended and economic growth may slow.
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Chinese stocks fell Thursday for a second straight day after the government raised a tax on trading in an effort to cool a market boom amid fears of a price bubble.
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Stocks fell on Wednesday, reversing strong gains after the Federal Reserve slashed interest rates, roiled by fresh worries about more losses in the financial sector on fears big bond insurers will lose their top credit rating.
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Bond prices fell and stocks quickly followed suit on Thursday as anxiety over rising interest rates spread.
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Stocks extended their slide on Tuesday, sending the Dow Jones industrial average down more than 500 points as China's equity market sell-off fanned concerns about equity valuations there and some data indicated U.S. economic growth may slow.
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BEIJING -- Chinese stocks plunged Monday following government efforts to cool a market boom, recording their biggest one-day drop since a late February drop that triggered a global market sell-off.
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China's surprise interest rate rise  weighed down Asian stocks on Friday as investors sold shares of  miners, shippers and other firms whose fortunes have been  closely linked to the country's rapid growth.
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Wall Street tumbles for third day as interest rates rise.
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Stocks fell after a higher-than-expected consumer prices report raised concern that simmering inflation may hamper further interest rate cuts by the Federal Reserve.
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Chinese markets fall again amid fears that tough anti-inflation measures are needed to cool its surging economy.
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Stocks fell on Tuesday as rising bond yields stoked concerns that higher borrowing costs could cut into corporate profits and put a damper on deal activity.
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Chinese stock markets plummeted after the authorities in Beijing moved to impose higher taxes on trading activity.
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China's money market rates fell on  Friday as an IPO-related funding squeeze ended, causing the  seven-day repo rate to plunge, while most bond yields dropped  after a good 10-year bond auction.