Stocks sink on '87 crash anniversary
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NEW YORK  -Caterpillar Inc.'s warning that the housing slump was infecting the wider economy sent U.S. stocks tumbling by the most in more than two months on Friday, in a drop that was made more unnerving as it marked the 20th anniversary of the 1987 market crash.
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Stocks dropped sharply 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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Stocks plunged on the first trading day of 2008 on Wednesday after oil hit $100 a barrel and U.S. manufacturing data showed signs of contraction, raising fears the economy may be heading into recession.
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U.S. stocks slid sharply on Friday, after bellwether stocks such as Caterpillar and Google posted disappointing earnings.
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Stocks tumbled on Monday on worries the housing slump was dragging on the economy at the same time inflation was posing a growing menace.
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Stocks dropped sharply on Thursday as a plunge in regional factory activity and a hefty loss at Merrill Lynch further clouded an increasingly dire view of the economy.
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U.S. stocks tumbled on Friday, with the Nasdaq logging its sharpest decline in nearly a year, after data showing rising unemployment stoked expectations of a recession.
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U.S. stocks fell on Friday, as banks and brokers retreated on concerns about the impact of tightening credit on takeovers and the subprime mortgage industry.
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2007 marked one of the worst years for financial stocks in recent memory.
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Stocks plunged further on Thursday, sending the S&P 500 down more than 2 percent and driving the Dow industrial average down more than 1,000 points since the start of 2008, as investors worried about the outlook for the U.S. economy.
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The 20th anniversary of the stock  market's brutal 1987 crash has triggered explosive debate about  whether today's raging, yet dubious, bull market in world  stocks is headed for the same fate.
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Wall Street stocks tumbled on Tuesday after an index of service sector activity slumped to its lowest level since the aftermath of the September 11 attacks, accentuating fears for the health of the US economy.
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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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The Dow Jones industrial average plunged 306.95 points Thursday as investors confronted new chapters of a well-worn story: the economy is in trouble.
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Stocks fell on the first trading day of the year on Wednesday after U.S. manufacturing data showed signs of contraction and oil hit $100 a barrel, raising the possibility of a recession in 2008.
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Leading shares closed sharply lower Friday, as the 20 year anniversary of Black Monday delivered a commemorative slump both in London and on Wall Street, while Northern Rock dropped after news of its chairman's resignation.
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Stocks tumbled across the board Tuesday, with the Dow industrials sinking about 500 points at one point. It closed 415 points down -- the biggest one-day drop in three years. The New York Stock Exchange tried to limit declines by imposing trading curbs. The selloff is on the back of a nearly eight-month rally.