Stocks & Bonds: Shares Fall After a Surge in Home Sales
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Housing data showed that sales surged in April by the largest jump in 14 years, dampening hopes of an interest rate cut to stimulate the economy.
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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 dropped on Tuesday, pushing the  Dow down more than 200 points in its second-biggest sell-off of  the year, as mounting losses in the subprime mortgage sector  dragged down shares of companies with any exposure to the U.S.  housing market.
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Stocks dropped on Tuesday, pushing the Dow down more than 200 points in its second-biggest sell-off of the year, as mounting losses in the subprime mortgage sector dragged down shares of companies with any exposure to the U.S. housing market.
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U.S. stocks stumbled on Monday after data showed the inventory of unsold homes soared to its highest level in over 15 years as subprime mortgage market troubles continued to wreak havoc in the housing sector.
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Stocks fell on Friday as investors lost their appetite for risk and sold shares of financials, home builders and other sectors that have been at the center of the credit market crisis.
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Shares plunged in morning trading as a jittery Wall Street sold off on a report showing a large drop in pending home sales.
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Stocks edged lower on Friday as weaker-than-expected data on new home sales reinforced worries about the housing and mortgage markets.
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U.S. stocks fell on Thursday as warnings of losses stemming from bad home loans by two of the top three U.S. subprime mortgage lenders hurt shares of home loan companies and banks like Citigroup Inc.
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U.S. stocks fell on Thursday after worries about bad mortgage debts hit bank shares and a warning from luxury home builder Toll Brothers Inc.  reignited concern about the erosion of the housing market.
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By Michael Patterson  U.S. stocks fell Monday, extending their worst weekly slump in four years, after financial companies slid on concerns that a surge in mortgage-loan defaults could spread beyond the riskiest creditors.
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NEW YORK  -Stocks slid on Tuesday as the subprime mortgage crisis escalated, undermining banking shares while Home Depot Inc. and other housing-related companies lowered their outlooks.
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Investors pulled out of homebuilder stocks on Wednesday after a pair of economic reports on the pace of home sales indicated the once-hot market might be cooling.
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U.S. stocks dropped on Monday, led by financial shares, as a rush by savers to withdraw deposits at a large British mortgage lender fueled concerns that turmoil in the credit markets would spread.
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U.S. stocks fell on Thursday after a warning about U.S. subprime mortgage lending from Britain's HSBC  sparked a sell-off in financial stocks and investors worried that fallout from the housing slowdown may be far from over.
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Stocks extended losses on Monday as a report showing a decline in existing home sales last month suggested the housing sector remained mired in a downturn.
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NEW YORK, June 20 -- A surge in Treasury yields rattled Wall Street on Wednesday, forcing stocks to give up early gains and drive down the Dow Jones industrial average more than 140 points.