Wall St falls as Bernanke testifies
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Wall Street stocks broke a three-day winning streak on Thursday when Ben Bernanke, the US Federal Reserve chairman, gave a downbeat outlook on the risks to the US economy amid heightened tensions in credit markets.
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NEW YORK -- Stock futures dipped Tuesday as Wall Street, nervously awaiting a speech from Federal Reserve Chairman Ben Bernanke, reacted to troubling forecasts from the retailers Home Depot and Sears.
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Stock prices were lower in early trading today as Wall Street awaited minutes from the Federal Reserveâs Aug. 7 meeting, which could provide insight into whether it may cut rates.
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U.S. stocks slipped on Wednesday as Federal Reserve Chairman Alan Greenspan, speaking before Congress about the health of the economy, did little to quell expectations for a rate hike later this month.
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NEW YORK -- Wall Street fell sharply for a third straight session Thursday after rising bond yields stoked concerns that an interest rate cut later in the year is less likely. The Dow Jones industrials fell more than 100 points and the S&P 500 index hovered near the 1,500 mark.
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Wall Street closed out another erratic week with a big gain yesterday after reassuring words from President Bush and the Federal Reserve chairman, Ben S. Bernanke.
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The leading share index fell back slightly on Thursday after Wall Street was dragged down by pessimistic comments from Federal Reserve chairman Ben Bernanke about the future prospects for the US economy.
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It was another dismal week for the stock market, despite a short-lived rally on Thursday after Federal Reserve Chairman Ben Bernanke  hinted of further rate cuts.
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Stock index futures indicated a weaker start for Wall Street on Tuesday after Federal Reserve Chairman Ben Bernanke said inflation risks remain to the upside, suggesting equity investors shouldn't look forward to a rate cut any time soon.
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NEW YORK - Stocks were little changed early Wednesday as investors awaited testimony from Federal Reserve Chairman Alan Greenspan before a House budget panel.    In morning trading, the Dow Jones industrial average was down 0.08 at 10,342.71...
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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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U.S. stocks slid on Tuesday after Merrill Lynch warned that ailing credit markets will hurt bank profits, while reports showing eroding consumer confidence and falling home prices added to concerns about the economy.
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Towering losses at Merrill Lynch  on Thursday stirred credit crisis fears before a key testimony by U.S. central bank chief Ben Bernanke.
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It was another dismal week for the stock market, despite a short-lived rally on Thursday after Federal Reserve Chairman Ben Bernanke hinted of further rate cuts.
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Stocks dropped in early trading, with Wall Street taking few chances amid concerns that shrinking credit is hurting the economy.
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Wall Street sinks even as the Fed chairman said slower U.S. growth will give way to a rebound in 2008.
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Stock futures eased on Thursday,  suggesting Wall Street shares may pare some of the previous  day's gains as investors await word on the outlook for monetary  policy from Federal Reserve Chairman Ben Bernanke.