Markets Down as Credit Fears Linger
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Stock markets around the world fell today over lingering fears over a tight credit market, with sharp declines in Asia and Europe and modest losses on Wall Street.
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S&P 500 and Dow Jones industrial  futures slipped on Friday as worries about the impact of the  credit squeeze on financial services companies tempered  optimism about Google Inc's  solid profit.
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U.S. stocks dropped on Monday, led by financial shares, as a rush by savers to withdraw deposits at a large British mortgage lender fueled concerns that turmoil in the credit markets would spread.
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U.S. stocks fell on Thursday after a warning about U.S. subprime mortgage lending from Britain's HSBC  sparked a sell-off in financial stocks and investors worried that fallout from the housing slowdown may be far from over.
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Stocks turned lower on Friday as lingering worries about losses in the subprime mortgage lending sector overshadowed signs of continued strength in the U.S. job market.
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Wall Street declined after a spike in producer prices and uncertainty about a plan to ease tightness in the credit markets stirred concerns.
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US stocks had a weak start on Thursday, as doubts continued about a plan by world central banks to help alleviate the worst effects of the credit squeeze and worries about inflation returned.
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Stocks fell on Thursday, a day after the Standard & Poor's 500's biggest drop in two weeks, tracking European shares lower on credit concerns.
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Write-downs at a British mortgage lender and a new warning from the Bank of England prompt cautious trading in the UK; continental response is more muted.
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S&P 500 and Dow Jones industrial futures slipped on Friday as worries about the impact of the credit squeeze on financial services companies tempered optimism about Google Inc's  solid profit.
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London stock markets fell on Friday, with banks exerting downward pressure after further credit market-related shocks in the sector.
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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 fell on Tuesday as a brokerage's downgrades of investment banks and renewed credit concerns hit shares of financial companies, while data fueled doubts about the economy's outlook.
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World stock markets paused for breath on Friday after closing sharply lower the day before on concerns about the economic fallout of the US home loan crisis, notably the global credit crunch.
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NEW YORK, Aug. 23 -- Stocks failed to sustain early gains Thursday and ended the day flat as investors braced for more news of trouble in the credit market.
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Stocks edged lower on Friday as weaker-than-expected data on new home sales reinforced worries about the housing and mortgage markets.
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Stocks slid in early trading amid renewed fears that financial companies will suffer larger-than-expected write-downs from credit market troubles.