Wall Street closes sharply lower on rate worries
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U.S. stocks fell on Thursday, as interest-rate concerns spurred investors to lock in profits from the market's spring rally.
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Stocks fell on Friday after stronger-than-expected inflation data fueled concerns the Federal Reserve will stop cutting interest rates, dimming the outlook for the economy and corporate profits.
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Stocks dropped sharply on Friday as recession worries mounted after data showing weak job growth in December and rising unemployment.
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Wall Street plunged at the opening of trading Tuesday, propelling the Dow Jones industrials down about 400 points after an interest rate cut by the Federal Reserve
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Stocks tumbled for a fourth day on Friday to close out the worst week for the S&P 500 in five years on worry that a White House effort to boost the economy may not prevent a recession.
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NEW YORK, June 22 -- Wall Street ended a volatile week with a sharp decline Friday as investors again succumbed to nervousness about souring subprime mortgage loans and rising interest rates.
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Stocks tumbled on Friday, driving major indexes down nearly 2 percent, as data showing the first monthly drop in payrolls in four years stoked fears on Wall Street that the economy was headed into recession.
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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 fell sharply for a second day on Wednesday after data showing higher-than-expected labor costs stoked worries about inflation and interest rates.
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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 fell sharply at the open on Friday after data showed monthly hiring contracted for the first time in four years, fanning recession fears and adding pressure for a Federal Reserve interest-rate cut.
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Stocks plummeted this morning after an emergency rate cut from the Fed failed to reassure investors worried about a recession. The Dow tumbled more than 400 points right after the opening bell, then recovered a bit. International markets also have plunged on worries about a global slowdown.
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U.S. stocks fell sharply on Thursday as worries about mortgage delinquencies hurt bank shares and a warning from home builder Toll Brothers Inc.  underscored weakness in the housing market.
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U.S. stocks ended down on Wednesday, pressured by growing concerns about troubles in the subprime mortgage market and a warning from the Federal Reserve chairman about housing weakness.
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Recession fears and weakness in the tech sector lead the Dow to end down 2%, the Nasdaq down nearly 4%.
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Stocks fell Friday after accelerating inflation spurred concern that higher prices will curb consumer spending and give the Federal Reserve less leeway to cut interest rates.
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Stocks fell sharply on Wednesday, with the Nasdaq composite index dropping 1 percent, after data showing higher-than-expected labor costs fueled concern that inflation and rising interest rates will squeeze corporate earnings.