Market falls for 6th day
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Stocks dropped for a sixth straight session on Wednesday, led by the Nasdaq's 3 percent slide as profit forecasts from Apple Inc and Motorola added to recession fears.
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Gold eased on Wednesday and silver prices steadied after hitting a six-month high as a recovery in the dollar prompted light selling by investors.
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Assets of the nation's retail money market mutual funds fell by $2.06 billion in the latest week to $923.17 billion, the Investment Company Institute said Thursday.
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The Chinese stock market drops 6% on fears the government is mulling more ways to cool the economy.
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Stocks took a dive in morning trading today after the release of fresh housing data and a report showing turmoil in the financial markets had sharply reduced consumer confidence in August.
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Business & money: Retail chain warns that consumer spending will decline over the next six months
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Tokyo stocks fell Friday for a sixth straight session because of concerns about rising oil prices and Wall Street&#39;s overnight weakness.
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Shares of the specialty retailer continue a six-month free fall.
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Copper prices fall for the second day running amid fears of falling demand from key markets in China and the US.
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Japanese stocks dropped, with benchmarks poised for their biggest slides in six months. Exporters such as Toyota Motor Corp. led decline after the dollar plunged to its lowest against
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Tokyo's Nikkei average dropped 1.65  percent by mid-afternoon on Friday and was on course for a  sixth day of losses as worries over high oil prices and  uncertainty over the U.S. economic and market outlook hit a  broad range of stocks.
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Stocks slid for a sixth session on Wednesday, led by the Nasdaq's drop of more than 3 percent as profit forecasts from Apple Inc and Motorola added to recession fears.
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Stocks fell moderately in early trading following news that sales of existing homes fell in July for a fifth straight month and that inventories of unsold homes spiked.
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Stock markets around the world plummeted today in a wave of selling set off by a plunge in China.
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Stocks closed at their lowest levels of the day, tumbling on the latest indicator of a U.S. recession.
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Assets of the nation's retail money market mutual funds fell by $1.06 billion in the latest week to $917.70 billion, the Investment Company Institute said Thursday.
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The dollar dropped to an all-time low  against the euro on Thursday for the sixth consecutive session,  as traders took aim at technical targets in a thin market.