Wall Street's Weak Week
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Rising yen indicates carry trade no longer supporting prices.
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SHARES are set for a bumpy ride after Wall Street lost ground on the weekend, derailed by weak US jobs data and a poor prognosis from Intel which sparked worries for the health of the tech sector.
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Leading shares closed weaker, off session lows as Wall Street rallied from early falls, with some disappointing earnings news weighing in London.
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Stocks fell on Friday, setting Wall Street on course for its worst week in more than four years, as the diminishing appetite for riskier assets fueled a further rout in global equity markets.
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U.S. stocks fell on Wednesday as  weaker-than-expected earnings from J.P. Morgan Chase & Co.  JPM.N, the second largest U.S. bank, dampened Wall Street's  mood.
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U.S. stock investors looking to recoup from the worst week in almost three months will have to keep one eye out for signs of weakness in the tidal wave of earnings due next week and the other on the threat surging oil prices pose to the economy and profits.
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On Wall Street, stocks had their worst weekly performance since January 2003.
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Despite statements from Federal Reserve Chairman Ben Bernanke and President Bush, it was a withering week on Wall Street.
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A weak forecast from Cisco marked another roller-coaster week for technology companies on the stock market.
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WALL Street weathered a variety of bad news this week, managing a positive showing by the blue-chip Dow Jones and broader S&amp;P 500.
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Wall Street was set for a weaker start on Wednesday, taking a cue from an uptick in crude oil prices, while investors will also watch out for home sales data.
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Stocks tanked Friday as worries about more problems in the bank sector, slower corporate earnings growth, the weak dollar, and record-high oil prices all came to a head.
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Wall Street was weaker on Wednesday, as investors watched bond yields and oil prices in the absence of fresh economic news.
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U.S. stocks slid on Monday as a worldwide flight from riskier assets moved into a second week, fed in part by heightened concerns about the flagging health of the subprime mortgage market.
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After two days of stunning gains, Wall Street ended a tumultuous week with a sharp decline Friday as investors turned cautious and cashed in some of their profits.
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Stocks weakened early Wednesday afternoon, as investors took in fluctuating oil prices, some weak corporate news, and mostly upbeat testimony from Federal Reserve Chairman Alan Greenspan.
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Wall Street finished mixed Friday as lackluster economic reports offered investors little incentive to place big bets ahead of a long weekend. Disappointing data on manufacturing, consumer confidence and import prices reminded investors the economy is struggling. As a result, a week that began with a rally closed on a subdued note.