Wall Street drops on credit concerns
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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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Stocks fell on Wednesday after Standard & Poor's downgraded its rating outlook on several bond insurers, suggesting further potential turmoil in the financial sector.
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S&P 500 and Dow Jones industrial futures fell on Friday as worries about the impact of the credit squeeze on financial services companies tempered optimism about Google Inc's  solid profit.
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NEW YORK -- Wall Street fell sharply for a third straight session Thursday after rising bond yields stoked concerns that an interest rate cut later in the year is less likely. The Dow Jones industrials fell more than 100 points and the S&P 500 index hovered near the 1,500 mark.
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Stocks slipped on Monday as concern about the impact of the housing slump and credit squeeze hurt shares of financial companies.
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Stocks fell on Friday, as bond yields rose and lingering credit worries dragged on financial stocks.
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Wall Street was set to open lower on Monday as embattled British bank Northern Rock's  troubles intensified, adding to global credit concerns before an expected U.S. interest rate cut this week.
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Wall Street was poised to open lower Wednesday as concerns about subprime loans continued to dog the stock market, which declined sharply a day earlier.
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U.S. stocks slid on Thursday as worries about bad mortgage debts hit bank shares and a warning from home builder Toll Brothers Inc.  reignited concern about weakness in the housing market.
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Wall Street stocks fell on Tuesday sterday as concerns about the US consumer and worries about the health of financial companies weighed on equities.
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Stocks fell on Wednesday, reversing strong gains after the Federal Reserve slashed interest rates, roiled by fresh worries about more losses in the financial sector on fears big bond insurers will lose their top credit rating.
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Stocks fell on Wednesday as worries over the worsening subprime mortgage market fueled more caution, setting the Dow Jones industrial average on course to drop below the 12,000 level for the first time since November.
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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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Stocks declined on Monday after brokerages downgraded banks and credit card companies on signs consumers are falling behind on debt payments, suggesting yet another pillar of the economy is shaky.
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Stocks fell on Thursday as financial stocks fell on mortgage concerns, overshadowing earlier optimism about the technology sector's profit outlook.
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Stocks fell further on Tuesday, sending the S&P 500 down more than 1 percent, as a downgrade of investment banks and renewed credit concerns drove a slide in shares of financial companies, while data painted a worrying picture about the economy.
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Stocks fell on Friday after American Express Co  was the latest company to warn of mounting credit-card defaults and slowdown in consumer spending, adding to expectations of a U.S. recession.