Recession fear sends Wall St. reeling...again
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NEW YORK  -Stocks fell on Thursday, with the benchmark S&P 500 plummeting to a 15-month low, as news of a plunge in regional factory activity and a hefty loss at Merrill Lynch further clouded an increasingly dire view of the economy.
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U.S. stocks tumbled on Friday as recession worries mounted after the government reported weak job growth in December and rising unemployment.
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The stock market plunged as investors were hit by fresh worries over declining consumer confidence, falling house prices, shrinking profits and uncertainty.
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The central bank took the axe to interest rates again, but recession fears still spooked investors.
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Stocks slid sharply on Tuesday, joining a global equity rout on fears of a U.S. recession and pushing the Nasdaq into bear market territory.
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Shares plunged after a service-sector report provided another strong signal that the United States may be in the early stages of a recession.
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Stocks tumbled on Friday, with both the Dow and Nasdaq losing more than 2 percent, after a warning by American Express Co  of mounting credit-card defaults and a slowdown in consumer spending sounded the latest recession alarm.
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Stock markets fell for a third consecutive day as investors confronted new chapters of a well-worn story: the economy is in trouble.
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Volatility returned to Wall Street yesterday, sending stocks plunging as investors grew more uneasy about the economy and whether the Federal Reserve will take the steps needed to prevent credit market problems from spreading further. The Dow Jones industrials fell 280 points.
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Wall Street pulled back sharply Tuesday as investors dealt with disappointing earnings reports and renewed concerns about the mortgage lending market.
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US stock markets tumbled heavily in the week to Friday, giving Wall Street a fresh battering, despite Congress granting a green light to a giant economic stimulus package sought by the White House.
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World stocks fell sharply on Monday,  battered by fears of U.S. recession and investor disappointment  about a fiscal rescue plan promoted by the U.S. administration.
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Wall StreetÂs growing pessimism about the economy sent stocks down for a second straight day.
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Wall Street looked set to fall further on Wednesday on growing worries of a U.S. recession which battered Asian and European markets.
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Persistent fears about the world economy battered global stocks again on Monday and drove investors towards safer assets despite expectations of more interest cuts from the Federal Reserve to bolster growth.
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Global share prices continue to fall sharply amid fears that a US recession will lead to a global economic slowdown.
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Stocks plummeted after a business survey provided another strong signal that the United States might be in the early stages of a recession.