Wall St falls on credit, economy worries
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U.S. stocks slid on Tuesday after Merrill Lynch warned that ailing credit markets will hurt bank profits, while reports showing eroding consumer confidence and falling home prices added to concerns about the economy.
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Stocks opened the week in grim fashion in Asia and Europe, falling heavily amid worries about banking sector debts and a slowdown in the U.S. economy. Wall Street was modestly lower.
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Stocks fell on Thursday as shares of financial services companies slid on concerns about the lingering effects of the credit crunch following Bank of America Corp's disappointing quarterly results.
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Stocks slipped on Monday, reversing an  early rally, after disappointing U.S. employment data rekindled  investor worries about weak economic growth and lackluster  corporate profits.
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U.S. stocks fell on Wednesday, with investors uncertain that equities could avert further losses amid lingering concerns about economic growth and fallout from a slowing housing market.
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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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Wall Street retreated after Bank of America missed analystsâ earnings expectations and provided further evidence of how the credit crisis has hurt the economy.
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Stocks slid sharply on Tuesday after Merrill Lynch cut its rating on three investment banks, while housing and consumer confidence data added to doubts about the economy's health.
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Stocks tumbled on Friday, with both the Dow and Nasdaq losing more than 2 percent, after a warning by American Express Co  of mounting credit-card defaults and a slowdown in consumer spending sounded the latest recession alarm.
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U.S. stocks fell on Thursday on mounting concerns that credit market upheaval will erode bank profits and hold back consumer spending, but optimism about corporate investment helped lift technology shares.
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Stocks fell on Thursday, a day after the Standard & Poor's 500's biggest drop in two weeks, tracking European shares lower on credit concerns.
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U.S. stocks fell on Friday on signs   the economy may be slowing more sharply than previously   thought, threatening corporate profits, including those of   large industrial companies.
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Stocks fell on Wednesday, hurt by a decline in heavily-weighted energy shares and climbing bond yields, which reignited concerns about higher interest rates and their impact on corporate profits.
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Wall Street stocks fell sharply on Friday after a disappointing earnings outlook at American Express (NYSE:AXP) compounded worries that the US economy is heading for a sharp slowdown.
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The Dow and the S&P 500 slipped on Tuesday, after a report showed consumer confidence fell to a 2-year low, and with investors jittery a day ahead of a Federal Reserve interest-rate decision.
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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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U.S. stocks fell on Thursday, as interest-rate concerns spurred investors to lock in profits from the market's spring rally.