Stocks fall at open on dollar's drop, retailers
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U.S. stocks fell at the market open on Friday as a steep drop in the dollar heightened inflation worries and left U.S. shares less appealing to foreigners.
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Stocks fell Friday in thin trading, ending a shortened week quietly as the holiday shopping season began and attention turned to retailers and a steep decline in the dollar against other major currencies. The major stock indexes ended the week mixed, with only the Nasdaq composite index showing a gain.
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U.S. stocks closed slightly lower on  Monday as the dollar's rally and a drop in oil prices were not  enough to stop investors from selling stocks and taking profits  after last week's gains.
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The dollar edged lower on Tuesday as  traders bunkered down ahead of a U.S. interest rate decision  and, later in the week, current account data that could  underscore bearish sentiment on the currency.
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Japanese stocks fell shortly after Wednesday's open on concerns about the health of the U.S. economy. The dollar was slightly lower against the yen.
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TOKYO - Tokyo stocks opened lower Tuesday after profit-taking weighed on Wall Street shares. The dollar rose against the Japanese yen.
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The dollar edged lower against the euro  and the yen in tight trade on Friday ahead of U.S. jobs data,  but dealers said the U.S. currency had not strayed from its  recent rebound.
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LONDON : The dollar fell back after posting gains earlier in the day but dealers remained cautious ahead of key US data this week.
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Stocks fell on Thursday as a weakened dollar and a surge in oil prices kindled fresh concerns about inflation.
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Tokyo stocks opened lower Monday after shares declined on Wall Street before the weekend. The dollar was lower against the yen and euro.
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The dollar fell against the yen, hit by worries over the US housing market and sluggish retail sales, dealers said Wednesday.
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U.S. stocks opened slightly lower on  Monday as investors pause after a three-day rally last week,  with interest rates and a weakening dollar gaining focus now  that the presidential election is over.
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Fears of a falling US dollar pushed stocks lower Monday as investor concerns about rising inflation outweighed their satisfaction with a decent start to the holiday shopping season.
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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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The dollar has slipped back against major rivals on the eve of key US inflation and industrial data, and following stronger-than-expected US retail sales.
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Tokyo stocks opened lower Wednesday as investors took profits following four straight sessions of gains. The US dollar was higher against the Japanese yen.
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U.S. stocks opened lower on Wednesday after Wal-Mart Stores Inc. , the world's largest retailer, cut its September same-store sales figure and a national employment index came in well below economists' forecasts.