Stocks plunge on fears about China and growth
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U.S. stocks tumbled on Tuesday, pushing the benchmark S&P 500 index down in its biggest one-day drop in almost four years, as a sharp sell-off in China's stock market and weak U.S. data fanned concerns about global economic growth.
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Chinese stocks dropped Friday for a second time in three days following government efforts to cool a sizzling market that economists worry may be creating a price bubble.
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Stocks plunged yesterday as investors, nervous about earnings reports, cringed at troubling forecasts from two retailers, Home Depot and Sears, and at soaring oil prices.
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China stocks tumbled 8.3 percent on Monday in their second biggest drop this decade, erasing $340 billion in market value and extending big losses from last week after the government hiked the share trading tax to cool a feverish bull run.
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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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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 plunged on Tuesday after a record quarterly loss at top U.S. bank Citigroup Inc and a surprise drop in December retail sales fueled fears that the economy was heading into a recession.
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U.S. stock index futures pointed to a lower market open on Tuesday as a tumble in China's main stock index worried investors before a slew of U.S. economic data and earnings reports.
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A plunge in Chinese stocks rippled across global markets yesterday, triggering a massive wave of selling in the United States that sent the Dow Jones industrial average down 3.3 percent, or 416 points, its biggest decline since March 2003.
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Asian share prices were hammered Monday as a global stock market rally fizzled out amid renewed pessimism about the US economic outlook and a plunge in Chinese stocks, dealers said.
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BANGKOK, Thailand -- Most Asian markets tumbled Friday after shares on Wall Street fell sharply amid growing speculation a U.S. interest rate cut was unlikely. Chinese stocks, however, bucked the trend and rose for a fourth straight session.
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Stocks tumbled on Thursday as data showing a plunge in regional factory activity and news of a hefty loss by brokerage Merrill Lynch fanned worries about the economy.
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BEIJING -- Chinese stocks plunged Wednesday after the government raised a tax on share trades, trying to cool a market boom amid growing concerns about a possible bubble.
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Markets in London, Paris and Frankfurt plunge on fears that China's stellar growth could slow.
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Chinese stocks fell 5.25 per cent on Thursday as investors continued to fret about the large volume of new share and bond issues that the mainland markets will have to absorb over the next few months.
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Stocks fell on Friday as investors   worried that the economy will slow more sharply than expected,   prompting them to sell shares of big industrial companies such   as heavy equipment maker Caterpillar Inc. CAT.N.
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Chinese stocks plunged nearly 9  percent on Tuesday, erasing about $140 billion of value in  their biggest fall for a decade, amid fears that authorities  would crack down on speculation that drove shares to record  highs.