Credit worries, GM strike weigh on Wall Street
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Stocks fell on Monday as financial shares weakened on news that Germany's largest bank may take a big hit from subprime mortgage investments, while a landmark strike at General Motors raised concern about the economic outlook.
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U.S. stock futures slipped on Wednesday   with investors focusing on Intel Corp's OMTC.O job cuts   announcement and a change in top management at car maker Ford   Motor Co. F.N
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U.S. stock index futures fell on Tuesday, weighed down by renewed credit concerns and caution ahead of reports on home prices and consumer confidence.
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NEW YORK -- Wall Street suffered a sharp pullback Monday as investors returned from the Thanksgiving weekend with questions about the strength of the retail sector following a rare sales decline at Wal-Mart Stores Inc. The Dow Jones industrials fell 125 points.
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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.
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Volatility returned to Wall Street yesterday, sending stocks plunging as investors grew more uneasy about the economy and whether the Federal Reserve will take the steps needed to prevent credit market problems from spreading further. The Dow Jones industrials fell 280 points.
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U.S. stocks slipped on Friday, snapping the Dow's three-day run to record highs, as employment data renewed concern about slower economic growth and stubborn inflation, while General Motors Corp.  sank on fears a major shareholder may begin selling his stake.
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Wall Street stocks were set for a lower start on Tuesday, as investors returned from the Labor Day long weekend, and faced continued tight money market conditions and uncertainty over whether the Federal Reserve will cut rates this month.
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Wall Street ended an otherwise stellar week with a mixed finish Friday after the government's gross domestic product report renewed concerns that high energy prices and a lack of jobs are holding back economic growth.
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Wall Street stocks were mixed on Friday as a modest rebound in the technology sector was overshadowed by heightened fears of corporate and commercial property credit defaults.
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Stocks fell on Friday, as bond yields rose and lingering credit worries dragged on financial stocks.
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Stocks rose on Wednesday as a labor agreement at General Motors Corp  promised to lower costs for Detroit's automakers, while a report that Bear Stearns may sell a stake to outside investors boosted brokerage stocks.
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Wall Street stocks retreated on Monday as worries about potential credit-lossses at American International Group (NYSE:AIG) added to fears that US companies face further credit-related turmoil.
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General Motors Corp. GM.N will offer  car buyers nervous about rising interest rates a chance to  lock-in today's low rates in a bid to boost its sluggish U.S.  sales, car dealers briefed about GM's new sales incentive plan  said on Tuesday.
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U.S. stocks fell on Friday, as banks and brokers retreated on concerns about the impact of tightening credit on takeovers and the subprime mortgage industry.
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Wall Street stocks were set for a lower start on Thursday after a sharp spike in jobless claims added to worries about the labour market and as wary traders reflected on a 50 basis point rate cut and the possibility of downgrades of key bond insurers.
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Stocks fell on Thursday as shares of financial services companies slid on concerns about the lingering effects of the credit crunch following Bank of America Corp's disappointing quarterly results.