A Steadier Day for Stock Markets, but a Sense of Unease Lingers
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After four years of strong growth, low interest rates and prosperity, investors appear to have become too complacent about risks.
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The world's stock markets may have plummeted around them, but many US retail investors have kept their cool. For now.
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Stocks were little changed on Monday as a tumble in Chinese shares made investors cautious, but a pause in rising yields in the bond market offered some relief to the equity market.
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European stocks fell Thursday, giving up earlier gains earlier in the day, amid persistent unease about the global economy and as U.S. stocks fell in early trading. Major Asian markets retreated for a third day.
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Stocks opened little changed on Thursday, with investors showing caution a day after the Standard & Poor's 500's biggest drop in two weeks.
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Wall Street is nervous. Yet credit problems aside, it's not nearly as bad as it may seem.
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Early indications of holiday sales last week showed strength, but investors seemed confused about whether to continue shopping on Wall Street.
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The stock market's continued uncertainty last week may have made investors want to tune out.
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Investors, frightened by the prospect of a new subprime mortgage crisis that could dwarf the write-downs of the last few months, sent markets lower.
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Wall Street is being spooked by the wrong fear. The ''I'' word is scarier
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It has been one of those weeks. Every so often, a collective panic breaks out among investors in the world's stock markets, and share prices fall like fragile fences charged down by a herd of frightened animals.
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On Wall Street, markets opened lower but then stabilized.
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Wall Street stocks are set for a firmer start to Thursday's session as they claw back some of the previous session's sharp losses, but a cautious tone could prevail as bond market worries continue to grip investors.
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European equity markets steadied by mid-morning on Tuesday after early weakness following sharp overnight declines on Wall Street.
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Many investors, though still uneasy about the economy, decided to buy back into a market battered a day earlier by recession worries.
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Stocks were mixed in volatile trading a day after the market suffered its worst slide since 2001 as weak economic data prompted investor worries.
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October one was awaited by the market with some apprehension. This is the day that the controversial securities turnover tax was to kick in, as was the lower capital gain tax regime and there have been fears of the markets tanking.