Markets Close Lower to End the Year
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Even a small uptick in sales of existing homes provided no apparent lift to stocks as traders closed the books on a year that many were happy to put behind them.
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Stocks declined Monday, the last day of a volatile and difficult year on Wall Street, as investors awaited a report on home sales.
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US stocks sank to their lowest since October 2006 on fears that a contraction in US manufacturing may tip the economy into recession.
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Europe's main stock markets fell in shortened trade on Monday -- the final dealing day of a year in which gains for equities have been curtailed by worries about the troubled US economy.
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Wall Street stocks ended mostly lower Wednesday as investors adopted a wait-and-see approach on the economy, despite Federal Reserve Chairman Alan Greenspan&#39;s bullish assessment on the economy.
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US BLUE-chip stocks ended lower in very light holiday trade yesterday after steel shares fell as investors worried that weaker demand from China may depress prices.
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U.S. stocks opened slightly lower  on  Monday, with investors awaiting a flow of corporate earnings  results to give the market direction after starting the new  year down.
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London stocks ended lower on Wednesday as Bradford & Bingley kicked off the bank reporting season in worrying fashion.
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Â¤ Financial markets had a very tough month, characterised both low trading volumes and fears that the global economic recovery has slowed down.
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Stock markets took another hit on Wednesday as European equities ended lower, after indices plunged overnight in Asia and the US.
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U.S. stocks closed lower on Monday as growing concerns about the subprime mortgage market dragged down shares of Bear Stearns Cos.  and Goldman Sachs Group .
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U.S. retail sales fell unexpectedly in December to close out the weakest year at the cash register since 2002, data showed on Tuesday, the strongest signal yet that the economy may be sliding into recession under the weight of a housing and credit crisis.
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Leading shares closed lower Tuesday and off session highs as Wall Street was softer with InterContinental Hotels Group down on fading bid rumours, dealers said.
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Business & money: Market continued to slow in December with prices lower than in the summer months
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The FTSE 100 closed more than 100 points lower on Wednesday amid continued weakness on Wall Street.
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UK blue chips have closed lower, with a cautious morning by Wall Street and sliding commodity stocks outweighing another scattering of M&amp;A stories and pulling the FTSE 100 back from Friday's six-year highs.
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Blue chips closed lower after Wall Street fell back in reaction to stronger crude prices.