Worries About Credit and Economy Again Take a Steep Toll on Stocks
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A slowing economy and a fresh batch of financial problems for banks put the major indexes on track for one of their worst yearly starts.
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U.S. stock index futures fell on Tuesday, weighed down by renewed credit concerns and caution ahead of reports on home prices and consumer confidence.
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Wall Street slid in early trading after a profit warning from Capital One raised concerns about a spread of the turmoil in the credit markets.
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Stocks dropped on Thursday on worries that financial services companies would report more big losses from the credit crisis.
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Stocks fell on Friday on fears mounting credit-card defaults at companies such as American Express Co  portend a slowdown in consumer spending and raise the chances for a recession.
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Global stock markets fall again following Wall Street's lead on worries about the state of some of the banks.
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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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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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Stocks plunged as investors grew more uneasy about the economy and about whether the Federal Reserve will take steps to prevent credit market problems from spreading.
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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 slipped on Monday as concern about the impact of the housing slump and credit squeeze hurt shares of financial companies.
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Financial markets endured another nervous session on Monday as investors continued to fret about the outlook for the US economy.
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U.S. stocks took a beating yesterday largely because poor earnings from one of the nation's largest mortgage lenders renewed concerns about whether the housing downturn could damage the broader economy.
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Stocks opened down on Friday, hurt by higher bond yields and lingering credit worries.
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Persistent fears about the world economy battered global stocks again Monday. Stocks in Europe and Asia saw sharp drops with Japanâs Nikkei closing down nearly 4 percent.
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U.S. stocks fell on Thursday after worries about bad mortgage debts hit bank shares and a warning from luxury home builder Toll Brothers Inc.  reignited concern about the erosion of the housing market.
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Wall Street lost momentum from last weekâs gains after news of declining existing home sales stirred concerns about the strength of the economy.