Stocks Hit By Stimu-Loss
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President Bush's plan to revive the U.S. economy was met with little enthusiasm as stocks extended their losses.
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An unexpected drop in unemployment helped stocks post their first back-to-back gains in almost a month.
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After breaking a losing streak Thursday stocks need strong gains to erase the week's losses.
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European stock markets fell strongly in early trading, weighed down by Wall Street's poor end to last week, with pharmaceuticals particularly vulnerable.
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The Dow industrials briefly fell into negative territory, led down by banks, in midday trading on Friday. Stocks sharply pared gains earlier in the day after weaker-than-expected data on new home sales.
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Stocks dropped sharply in morning trading as a familiar scourge â losses stemming from subprime home loans â struck two prominent players in the financial industry.
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Record highs of the past week spill over into a patchy market, taking the S&amp;P 200 lower. Investors continued to take profits after last week&#39;s record highs, pushing the sharemarket slightly lower yesterday.
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US stocks suffered a late afternoon plunge on Tuesday as downbeat news from AT&T and more trouble in the housing market raised fresh fears over the health of the US economy.
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Wall Street extended last weekâs losses Monday as investors remained concerned about flagging growth and rising prices.
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* The world&#39;s biggest drug company loses $25 billion in market value in one day as investors fear another Vioxx debacle. NEW YORK - Pfizer Inc.
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By George Chamberlin , Daily Transcript Financial Correspondent. Early gains Monday eroded quickly and the financial markets finished the session mixed.
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Stocks fell on Thursday, hit by losses in financial companies after Bank of America Corp  reported a sharp drop in earnings, stoking concern the credit crunch was dragging on profits and the economy.
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NEW YORK (CBS.MW) - US stocks traded mixed Thurday as Merck shares lost a quarter of their value, dragging blue chips lower, but the Nasdaq moved higher, buoyed by gains in the semiconductor sector.
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Wall Street&#39;s holiday rally stumbled Monday, with stocks finishing mixed as investors worried over the strength of the pharmaceutical sector.
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U.S. stocks fell on Thursday as warnings of losses stemming from bad home loans by two of the top three U.S. subprime mortgage lenders hurt shares of home loan companies and banks like Citigroup Inc.
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World stockmarkets lost 5.2 trillion dollars (3.6 trillion euros) in January thanks to the fallout from the US subprime crisis and fears of a global economic slowdown, Standard & Poor's said Saturday.
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Stocks fell on Monday, extending last week's losses, as investors worried that signs of rising inflation and weakness in holiday shopping dimmed prospects for economic growth and corporate profits.