Stocks take pounding on Wall St
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Stocks crashed across-the-board on Wall Street yesterday as the spike in oil prices compounded weakness due to a Cisco downgrade and weak numbers by Morgan Stanley.
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Stock indexes were mixed in volatile trading on Wednesday as weak housing and manufacturing data offset renewed investor buying a day after the market suffered its worst slide since 2001.
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Stocks slumped for a second straight session Tuesday after Wall Street saw an unexpected contraction in the service sector as evidence that the economy is sinking into recession
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World stocks took a beating on Monday and demand for safe-haven bonds and currencies rose as fears gripped investors that a troubled U.S. economy would drag others down with it.
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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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A dizzying somersault on the markets left Wall Street traders and everyday investors biting their nails, and wondering  what lies ahead.
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Stocks fell further on Friday, putting Wall Street on course for its worst week in more than four years, as investors worried that a diminishing appetite for riskier assets after this week's market rout will drive stocks down even more.
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Stocks slid sharply for a second day on Wednesday after data showing higher-than-expected labor costs fueled concern that inflation and rising interest rates will hurt corporate earnings.
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Stocks slid on Thursday afternoon, with financial shares hurt by rising bond yields.
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NEW YORK - Stocks tumbled Wednesday as investors saw a surge in oil prices and disappointing earnings from Morgan Stanley as a reason to collect profits from gains of the last month. The Dow Jones industrial average dropped nearly 130 points, and all three major indexes saw their biggest losses since early August...
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Wall Street pulled back sharply Tuesday as investors dealt with disappointing earnings reports and rising concerns about the mortgage market.
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Wall Street got the blues yesterday and took it out on blue chip stocks amid concerns about declining corporate profits, recent oil price spikes and an expected boost today in short-term interest rates by the Federal Reserve.
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Stocks tanked Tuesday afternoon, after a report showing a big slowdown in the services sector of the economy amplified fears that a recession is underway or imminent.
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Stocks struggled Wednesday morning after the big selloff on Tuesday as investors weighed earnings from GM and Lehman Brothers against ongoing worries about the subprime mortgage market.
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Wall Street pulled back sharply Tuesday as investors dealt with disappointing earnings reports and renewed concerns about the mortgage lending market.
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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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U.S. stocks fell sharply on Thursday as worries about mortgage delinquencies hurt bank shares and a warning from home builder Toll Brothers Inc.  underscored weakness in the housing market.