Wall St retreats as AIG adds to credit fears
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Wall Street stocks retreated on Monday as worries about credit losses at American International Group (NYSE:AIG) added to fears that US companies face further credit-related turmoil.
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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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Stocks fell on Tuesday as fears of a recession gripped investors and pushed the Nasdaq briefly into bear market territory.
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Stocks fell sharply on Friday after American Express Co  warned of mounting credit-card defaults, adding to expectations of a U.S. recession.
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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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Stocks slipped on Tuesday, as rising bond yields prompted concerns about higher borrowing costs, but comments from former Fed chairman Alan Greenspan limited a broader slide.
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Stocks fell on Thursday as doubts grew that a plan by global central banks to thaw credit markets could work, sending financial shares lower.
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U.S. stocks were a touch lower on  Monday, as insurer American International Group Inc. AIG.N  weighed on the Dow, helping offset the impact of a further  pick-up in M&A activity.
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U.S. stocks fell on Thursday as financial stocks dropped on credit worries, overshadowing earlier optimism about technology company profits.
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Stocks fell on Friday, with the Dow dropping more than 2 percent, after American Express Co  warned of mounting credit-card defaults, adding to expectations of a U.S. recession.
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Wall Street retreated Monday as investors nervously awaited fresh economic data to be published later this week.
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US stocks were mixed on Monday as worries about increased credit losses at American International Group (NYSE:AIG) added to fears that US companies face further credit-related turmoil.
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U.S. stocks fell on Thursday on mounting concerns that credit market upheaval will erode bank profits and hold back consumer spending, but optimism about corporate investment helped lift technology shares.
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U.S. stocks tumbled on Thursday after  oil spiked to a record and New York Attorney General Eliot  Spitzer leveled fraud charges at the insurance industry,  dragging Dow component American International Group Inc.  AIG.N down 10 percent.
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Stocks traded lower on Tuesday, after rumors of more financial problems at Countrywide Financial Corp , the largest U.S. mortgage lender, sent housing-related shares down sharply, extinguishing a rally on Wall Street.
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U.S. stocks slid on Thursday after New  York Attorney General Eliot Spitzer accused insurance broker  Marsh & McLennan Cos. MMC.N of fraud, and the fallout hit  insurers, including American International Group AIG.N.
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Stocks fell on Friday on fears mounting credit-card defaults at companies such as American Express Co  portend a slowdown in consumer spending and raise the chances for a recession.