U.S. Stocks Point Down After Global Dip
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U.S. stocks headed for a lower open Thursday as investors appeared skeptical that a plan from the Federal Reserve and other central banks to ease tightness in the credit markets would prove effective.
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Stocks edged lower on Wednesday on disappointment about corporate financial results and uncertainty whether an expected Federal Reserve rate cut could head off a U.S. recession.
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Wall Street stocks were weaker at midmorning on Friday after disappointing earnings from Google (NASDAQ:GOOG) and Caterpillar (NYSE:CAT) and renewed jitters over US mortgage and credit markets.
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U.S. stocks edged lower on Monday after Wal-Mart Stores , the world's largest retailer, said September same-store sales came in at the low end of a forecast.
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U.S. stocks plunged on Tuesday, joining a global equities rout sparked by the biggest one-day drop in Chinese stocks in a decade.
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U.S. stocks slipped on Thursday,  pulled down by investor worries over record high oil prices and  a sharp drop in major drug company shares.
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U.S. stocks dropped on Friday, pulling back sharply from highs reached in the previous session, as a steep decline in the dollar heightened inflation worries and left U.S. shares less appealing to foreign investors.
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U.S. stocks slipped on Friday, failing to hold on to early gains as a declining appetite for risk and concerns about the subprime mortgage market offset optimism about data showing steady job growth.
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Stock index futures fell on Monday following declines in overseas markets as concern about a U.S. recession hurting the global economy lingered.
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U.S. stocks slipped for a second day   on Friday as fears lingered that corporate profits would be   hurt by slowing economic growth and shares of General Motors   Corp. GM.N fell on newspaper reports a tie-up with rivals   looks less likely.
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Stocks slipped on Wednesday after a private report showed U.S. home prices tumbled in October and retailer Target cut its December sales view.
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U.S. stocks slipped on Friday, snapping the Dow's three-day run to record highs, as employment data renewed worries about slower economic growth, while shares of automaker General Motors Corp.  sank on fears a major shareholder may begin selling his stake.
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Stocks fell on Monday as investors fretted about the U.S. economy's health and fears about a global slowdown mounted.
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U.S. stock futures dipped early on  Thursday morning and pointed to a weak market after China  raised its interest rates, fueling worry that global economic  growth may slow.
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Stocks turned lower on Monday as financial and energy shares declined and an advance in technology shares lost steam.
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Wall Street resumed its plunge after a one-day reprieve as investors, nervous about the impending release of key economic data, took their cues Thursday from declining overseas markets.
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US stock-index futures declined. Dow Jones Industrial Average shares including General Electric Co. slipped in Europe. Citigroup Inc.