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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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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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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Fears that more losses were lurking on the books of European financials sent the sector shuddering lower on Monday and dragged down the wider market.
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European and Asian stock markets saw further heavy falls on Monday as worries about a US recession continued to erode investor confidence.
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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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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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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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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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U.S. stocks tumbled on Friday, with the Nasdaq logging its sharpest decline in nearly a year, after data showing rising unemployment stoked worries of a recession.
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Dow sinks more than 350 points after contraction in service sector rekindles investor concerns.
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Wall Street shares slid at the open Tuesday after a surprisingly weak reading on US service sector activity intensified fears about a recession in the world's biggest economy.
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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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The central bank took the axe to interest rates again, but recession fears still spooked investors.
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Wall StreetÂs growing pessimism about the economy sent stocks down for a second straight day.
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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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Turbulence roiled world stock markets again Tuesday, with Asian stocks down for a second day on fears of recession in the US