Market falls on CPI as Citigroup rebounds
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Stocks fell on Friday after a sharp rise in consumer prices stirred inflation fears, but the market partly recovered after Goldman Sachs upgraded Citigroup's  debt, helping financial shares.
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Investors moved back into equities in   September thanks to the fall in oil prices and the pause in the   U.S. Federal Reserve's rate hike cycle, the Merrill Lynch poll   of fund managers showed on Tuesday.
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Stocks to watch on Monday: CITIGROUP INC. :
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London equities fell back during the Tuesday morning session as broker downgrades weighed and investors reacted cautiously to new UK inflation data.
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Stocks skidded in early trading after weak economic news and a disappointing quarterly report from Citigroup stirred renewed concerns of recession.
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Stock prices on Wall Street made a jittery recovery yesterday from a steep early morning fall that sent the Dow Jones industrial average plummeting more than 200 points.
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U.S. stocks edged lower on Tuesday before the Federal Reserve's interest rate decision, as weak earnings at electronics retailer Best Buy Co.  and a management reshuffle at Citigroup Inc.  disappointed investors.
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Blue-chip stocks opened down slightly on Thursday after government data showed first-quarter core personal consumption spending, an inflation gauge favored by the Federal Reserve, was revised higher.
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NEW YORK (CBS.MW) -- Citigroup shares slid 95 cents, or 2 percent, to $46.00 in pre-market trade Monday after Merrill Lynch sliced its recommendation on the stock to &quot;neutral&quot; from &quot;buy.
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Stock index futures fell on Tuesday after Citigroup Inc posted a wider-than-expected loss and its shares turned negative before the opening bell.
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U.S. stocks fell on Thursday morning  after China's central bank said it was raising interest rates  for the first time in nine years, fueling concerns that global  economic growth may slow.
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Shares of Citigroup Inc  and other financial companies suffered broad declines for a second day on Tuesday, as evidence mounted that borrowers are spending less and falling behind on more payments, and the U.S. economy might be near or in recession.
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Stocks fell on Wednesday, reversing strong gains after the Federal Reserve slashed interest rates, roiled by fresh worries about more losses in the financial sector on fears big bond insurers will lose their top credit rating.
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Citigroup Inc. shares fell as much as 2.75 percent Monday after a prominent Wall Street analyst downgraded the world&#39;s largest financial services company, citing a string of recent ethics problems.
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Stocks recovered from deep losses on Wednesday, amid talk that the Federal Reserve would act to cut the discount rate, the same day that Merrill Lynch rattled markets with its first loss in nearly six years.
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Stock index futures fell on Tuesday,  suggesting a lower start for Wall Street, after Citigroup Inc   reported a wider-than-expected quarterly loss.
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The Dow and Nasdaq slipped on Friday on concerns about consumer spending after an index of consumer sentiment fell to a 16-year low and retailer Best Buy  warned that shopper traffic dropped off after the holidays.