Stocks sink on economy fears
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Stocks dropped 1 percent on the first trading day of the new year on Wednesday after U.S. factory activity data underscored concern about the economic slowdown and oil near $99 a barrel renewed worries about the impact of energy costs on consumer spending.
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Volatility returned to Wall Street yesterday, sending stocks plunging as investors grew more uneasy about the economy and whether the Federal Reserve will take the steps needed to prevent credit market problems from spreading further. The Dow Jones industrials fell 280 points.
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US stocks sank to their lowest since October 2006 on fears that a contraction in US manufacturing may tip the economy into recession.
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Stocks plunged yesterday as investors, nervous about earnings reports, cringed at troubling forecasts from two retailers, Home Depot and Sears, and at soaring oil prices.
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Stocks tumbled at the open on Tuesday, joining a global equity rout on fears of a U.S. recession.
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Stocks ended lower 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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Global stock markets tumbled on Friday on fears that the US economy was facing a sharp slowdown as the first monthly fall in employment in four years made an interest rate cut this month all but certain.
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Stocks tumbled on Tuesday after a weaker-than-expected economic report and a sharp fall in China's main stock index unnerved investors after two consecutive days of Wall Street losses.
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Rising oil prices and continued weakness in the US dollar pushed stocks lower Monday as investors grew increasingly uneasy about the economy.
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The Nasdaq Composite index fell more than 2 percent and the Dow industrials were more than 1.5 percent lower in late morning trading on Friday as worries about the economy escalated.
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U.S. shares slipped on Thursday as investors showed some caution about Friday's jobs report and the economy's prospects and seized the opportunity to take profits.
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Stocks tumbled 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 fell on Thursday as a weakened dollar and a surge in oil prices kindled fresh concerns about inflation.
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U.S. stocks fell on Thursday as data signaling strength in the economy and rising bond yields increased interest-rate concerns, spurring investors to lock in profits before a long holiday weekend.
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Stocks fell on Friday as investors   worried that the economy may get bruised by a   sharper-than-expected slowdown, which prompted them to sell   shares of big industrial companies such as heavy equipment   maker Caterpillar Inc. CAT.N.
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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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Stocks dropped on Monday, with the Nasdaq losing more than 1 percent, as worry about a possible recession hurt economically sensitive stocks like energy and financial shares.