Wall Street headed for fall as jobs cut in August
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Stock index futures dropped 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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Asian shares slide after US jobs data raises fears about a possible recession.
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U.S. stock futures fell on Friday,  suggesting Wall Street may open under pressure after a key  monthly jobs report due at 8:30 a.m. EDT.
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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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U.S. stocks fell on Wednesday after   revised data on labor costs stirred inflation concerns and   Intel Corp. said it would cut fewer jobs than some investors   expected.
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Stocks fell at the open on Wednesday after reports showing a surge in lay-offs and the slowest rate of private-sector hiring in more than four years raised concern about the employment picture.
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U.S. stocks fell on Wednesday as concerns about the outlook for software maker Oracle Corp.  hit technology shares and investors worried that November job growth could discourage the Federal Reserve from cutting interest rates any time soon.
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Wall Street may put the brakes on a  steep decline next week, when a rate cut is anticipated from  the Fed, and Friday's monthly jobs data may trigger a comeback  for stocks after their January funk.
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U.S. stocks fell on Thursday as investors locked in profits ahead of Friday's jobs data that could show further weakening in the economy and possibly send equity markets lower.
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Stocks looked poised for a lower open on Tuesday after a Wall Street Journal article cast doubt on the chances of a Federal Reserve interest rate cut on Wednesday.
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Employers cut jobs for the first time in four years last month, the government reported yesterday, driving stock prices down in the United States and Europe and raising fears the slowdown in the housing and credit markets brought on by the crisis in subprime mortgages is spreading across the economy.
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Stocks tumbled 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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Wall Street stocks retreated again on Wednesday after Goldman Sachs (NYSE:GS) forecast that the US economy would fall into a recession this year, compounding investor concerns about the near-term outlook for equities.
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Wall Street stocks were set to retreat at the opening bell on Thursday, following Wednesday&#39;s gains, as Freddie Mac reported a plunge in second quarter profits and the market awaits further direction from the Federal Reserve.
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SHARES are set for a bumpy ride after Wall Street lost ground on the weekend, derailed by weak US jobs data and a poor prognosis from Intel which sparked worries for the health of the tech sector.
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Wall Street stocks were set for a lower start on Wednesday, as investors looked to pull back some of the market&#39;s sharp gains on Tuesday.
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NEW YORK, Sept. 7 -- Bonds rose and stocks fell as payrolls turned lower in August for the first time in four years.