Stocks Fall Sharply, Fannie Mae Weighs
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Stocks were knocked lower on Wednesday  after a U.S. government review questioned home finance company  Fannie Mae's FNM.N accounting methods, while  investment bank  Morgan Stanley MWD.N reported a drop in quarterly profit.
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Stocks fell sharply on Wednesday, with the Nasdaq composite index dropping 1 percent, after data showing higher-than-expected labor costs fueled concern that inflation and rising interest rates will squeeze corporate earnings.
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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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WASHINGTON - Regulators have found serious accounting problems at mortgage giant Fannie Mae, prompting an inquiry by the Securities and Exchange Commission and calling into question its financial soundness. The company's shares dropped nearly 7 percent Wednesday...
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Fannie Mae's stock has dropped about 16 percent in two weeks. And even before the abrupt slide, it's been three years since the stock made any big gains for its investors.
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Stocks dropped sharply on Thursday as a plunge in regional factory activity and a hefty loss at Merrill Lynch further clouded an increasingly dire view of the economy.
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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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WASHINGTON (CBS.MW) - Mortgage giant Fannie Mae&#39;s shares fell more than 5 percent early Wednesday after a government report blasted the company&#39;s accounting practices and questioned the reporting of its past earnings.
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European equity markets fell sharply on Tuesday, with financial stocks heading the losses, as concerns over the state of the US subprime mortgage market hit banking stocks.
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US stocks fell sharply on Tuesday, hurt by retail and housing sector earnings warnings. Financials were roiled by more bad news from the subprime mortgage market.
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Shares of U.S. mortgage finance giant Fannie Mae  tumbled on Thursday after the Securities and Exchange Commission said the company must restate earnings because of accounting problems.
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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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U.S. stocks ended down on Wednesday, pressured by growing concerns about troubles in the subprime mortgage market and a warning from the Federal Reserve chairman about housing weakness.
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U.S. stocks slid on Thursday as worries about bad mortgage debts hit bank shares and a warning from home builder Toll Brothers Inc.  reignited concern about weakness in the housing market.
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U.S. stocks fell on Thursday as concern about the extent of the housing market's slowdown unleashed a sell-off in shares of mortgage lenders and hurt shares of big banks like Citigroup Inc. .
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Stocks slid on Tuesday as the subprime mortgage crisis escalated, undermining banking shares, while Home Depot Inc.  and other housing-related companies lowered their outlooks.
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Stocks dropped on Tuesday as trouble in the subprime mortgage market fueled selling of financial sector shares and the housing slump took a toll on companies' outlooks.