Stocks Slip, Ending Year of Turmoil
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Even a report that showed sales of existing homes had been nudged up in November failed to lift the market as traders closed their books on the year.
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U.S. stocks slid on Friday after a manufacturing index showed its weakest reading in more than three years, prompting worries about the strength of the U.S. economy.
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NEW YORK -- Wall Street fluctuated Wednesday as investors tried to gauge Americans' buying power going into the holiday shopping season. Economic reports showed consumer sentiment falling and jobless claims rising, while oil prices resumed their decline.
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Wall Street stocks traded mixed Tuesday as the prospect of a tight race for the presidential elections prompted a late sell-off. The Dow Jones industrial average fell 18.
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The Dow and the S&P 500 slipped on Tuesday, after a report showed consumer confidence fell to a 2-year low, and with investors jittery a day ahead of a Federal Reserve interest-rate decision.
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Stocks fell on Monday, but the three major indexes ended higher for the year after gains in energy and technology offset the dramatic sell-off in financials from the subprime mortgage meltdown.
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World stocks edged lower on Tuesday while Wall Street was set for a weaker open as investors remained cautious over the health of the U.S. economy after a fallout in U.S. risky mortgages and credit turmoil.
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Stocks slipped Friday morning, after a report showing weaker than expected job growth in September gave investors a reason to backtrack after pushing the Dow Jones industrial average to its highest close ever in the previous session.
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The stock market correction, credit crunch and sub-prime meltdown hit Wall Street where it hurts--their usually big end-of-the-year bonuses.
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NEW YORK  -Stocks fell on Thursday, with the benchmark S&P 500 plummeting to a 15-month low, as news of 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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The Dow industrial average turned lower on Tuesday, while the S&P 500 and the Nasdaq were little changed as concerns about fallout from the housing slump on the economy's outlook cut short an earlier bounce.
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U.S. stocks finished sharply lower on Wednesday, the first trading day of 2008, after data showed a surprise contraction in manufacturing and oil surged to $100 a barrel, heightening concerns about the economy's outlook.
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Wall Street stocks fell sharply on Friday after weak employment data raised fears that the US economy could tip into recession, capping a torrid start to 2008 for US equities.
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Stocks had an uneven week after glum economic data and the turmoil in Pakistan led to sell-offs.
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U.S. shares slipped on Thursday as investors showed some caution about Friday's jobs report and the economy's prospects and seized the opportunity to take profits.
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U.S. retail sales fell unexpectedly in December to close out the weakest year at the cash register since 2002, data showed on Tuesday, the strongest signal yet that the economy may be sliding into recession under the weight of a housing and credit crisis.
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Europe's main stock markets fell in shortened trade on Monday -- the final dealing day of a year in which gains for equities have been curtailed by worries about the troubled US economy.