Earnings Reports Trigger Steep Stock Sell-Off
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The Dow was down more than 200 points at one point today as earnings reports from Wachovia and Caterpillar disappointed investors.
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Stocks fell sharply on Wednesday after data showing higher-than-expected labor costs fueled concern that inflation and rising interest rates will harm corporate earnings.
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Wall Streetâs first reports since this summerâs credit storm revealed extensive damage, but better-than-expected earnings this week from four brokerage firms offered some comfort.
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Stock market bulls are betting strong  second-quarter profits will send equities even higher with the  earnings reporting season in full swing this week.
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A new reporting period for company earnings kicks into gear next week, giving investors a bit of hard data to chew on, and markets could be volatile if the price of crude oil stays north of &#36;50 a barrel.
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NEW YORK - Disappointing earnings from Morgan Stanley and oil prices topping $48 per barrel sent stocks sharply lower Wednesday as investors moved to protect their recent gains. The Dow Jones Industrial average dropped nearly 120 points...
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A new reporting period for company earnings kicks into gear this week, giving investors a bit of hard data to chew on, and markets could be volatile if the price of crude oil stays north of &#36;50 a barrel.
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Earnings are up, but sagging revenues are more annoying than static.
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NEW YORK - Stocks tumbled Wednesday as investors saw a surge in oil prices and disappointing earnings from Morgan Stanley as a reason to collect profits from gains of the last month.
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US stocks&#39; drop amid the release of third-quarter earnings reports may reflect concern that next year&#39;s profit growth will slow even more than forecast.
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After breaking a losing streak Thursday stocks need strong gains to erase the week's losses.
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AFTER a rollercoaster of a ride today the share market ended in negative territory on a frenzy of profit taking in the afternoon. Retailers were hardest hit following disappointing sales figures released yesterday
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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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As earnings season arrives, negativity reaches a fever pitch. But the bull market still breathes.
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Business as usual leads to unusually high stock gains for investors.
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Stocks fell sharply after an economic report showed retail sales fell in December and two large banks announced big investments from overseas amid rising losses.
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These high-quality stocks have the wind at their back.