Wall Street stocks fall on Greenspan&#39;s warning on trade deficit
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Wall Street stocks traded sharply lower Friday after Federal Reserve Chairman Alan Greenspan gave a warning over the nation&#39;s spiraling trade deficit.
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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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Market forces and likely action by  Washington to cut its budget deficit "appear poised" to  stabilize, and perhaps cut, the record U.S. trade gap, Federal  Reserve Chairman Alan Greenspan said on Friday.
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Futures on leading U.S. stock market  indexes fell before the start of Wall Street trading on  Tuesday, signaling that American shares would join the global  equities sell-off.
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Europe&#39;s main stock markets fell Thursday, with global investors rattled after former US Federal Reserve chairman Alan Greenspan warned of a possible &quot;dramatic contraction&quot; in Chinese share prices.
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NEW YORK - Investors were unmoved by Federal Reserve Chairman Alan Greenspan's improved assessment of the economy, with stocks falling narrowly Wednesday in light trading.    While Greenspan said the economy has "regained some traction" after the summer's slowdown, he echoed Wall Street's concerns over energy prices, which have fallen from record highs in recent weeks but stubbornly remain above $40 per barrel...
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Stock futures fell on Thursday, indicating another drop on Wall Street after renewed worries about the outlook for the financial sector overshadowed a rate cut from the Federal Reserve.
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Stocks weakened early Wednesday afternoon, as investors took in fluctuating oil prices, some weak corporate news, and mostly upbeat testimony from Federal Reserve Chairman Alan Greenspan.
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The carry trade in which global  investors have borrowed cheaply in yen to buy higher-yielding  assets elsewhere has got to turn around, said former Federal  Reserve Chairman Alan Greenspan on Wednesday.
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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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Â· Markets braced for falls after Wall Street slump  Â· Period of slower growth sparks fears of trade war
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The persistence of bloated U.S. trade deficits over time can pose a risk to the U.S. economy, which thus far has proven resilient, Federal Reserve Chairman Alan Greenspan warned Friday. Policy-makers must not get lulled into a sense of complacency, he said.
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Federal Reserve Chairman Alan Greenspan on Friday urged the federal government to reduce its budget deficit and encourage greater personal saving, warning that foreign investors
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Wall Street stocks fell sharply on Wednesday after an index of manufacturing contracted last month to its lowest level since April 2003, raising fears that the US economy is slowing more than expected.
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The weak U.S. dollar and a huge trade deficit eventually may cause dire economic problems for the country, Federal Reserve Chairman Alan Greenspan warned Friday.
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Federal Reserve chairman Alan Greenspan yesterday urged the federal government to reduce its budget deficit and encourage greater personal saving, warning that foreign investors will not finance endless growth in America's huge trade gap.
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LONDON - The US dollar sank Friday in European trading after US Federal Reserve chairman Alan Greenspan warned of the dangers of America&#39;s growing trade deficit and the chance the imbalance could eventually depress foreign demand for the greenback.