Stocks Dive on Reports of New Ills
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Shares tumbled late in the day after AT&Tâs chief  suggested consumers might be cutting back and Countrywide Financial denied it was tumbling into bankruptcy.
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Wall Street tried to sort through some problematic readings on the economy and new concerns surfaced about the safety of owning financial stocks.
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US stocks were set to fall sharply on Thursday after Cisco's downbeat outlook added to concerns about the outlook for corporate tech spending and Wal-Mart's January sales proved a big disappointment. Jobless claims meanwhile declined less than expected.
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Stocks slid sharply on Tuesday after Merrill Lynch cut its rating on three investment banks, while housing and consumer confidence data added to doubts about the economy's health.
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U.S. stocks slid sharply for a second day on Wednesday after data showing higher-than-expected labor costs stoked fears that inflation and rising interest rates will harm corporate profits.
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Wall Street investors received a double dose of bad news overnight before the US market opened this morning after suffering its biggest fall in two months Friday.
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Stocks fell sharply after an economic report showed retail sales fell in December and two large banks announced big investments from overseas amid rising losses.
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Stocks closed lower on Wednesday, after reports showed a deepening housing slump spreading into the job market and slowing consumer spending.
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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 fell on Thursday as investors locked in profits ahead of jobs data on Friday that could show further weakening in the economy and hurt corporate earnings.
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Stocks fell on Thursday after a weak durable goods report raised concerns about the outlook for the economy and an assassination in Pakistan sparked worries about global political stability.
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Stocks tanked Tuesday afternoon, after a report showing a big slowdown in the services sector of the economy amplified fears that a recession is underway or imminent.
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NEW YORK (Dow Jones)--Stock selling in the software and semiconductor sectors sent benchmark indexes lower, with the Dow Jones Industrial Average breaking through to a new
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Wall Street fell after a weak manufacturing report raised investor concerns of a further economic slowdown.
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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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Stocks fell sharply on Tuesday after Merrill Lynch cut its rating on three investment banks, while housing and consumer confidence data added to concerns about the economy's health.
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Stocks were knocked lower on Thursday  as investors worried that rising prices for oil and commodities  would shrink corporate profits, while drug shares fell on  possible stricter scrutiny from regulators.