Stocks Tumble; Greenspan Jolts Investors
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U.S. stocks fell sharply on Friday as  investors were jolted by a $2 jump in oil prices and a warning  from Federal Reserve Chairman Alan Greenspan that the dollar  had further to fall.
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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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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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Stocks tumbled on Tuesday after a weaker-than-expected economic report and a sharp fall in China's main stock index unnerved investors after two consecutive days of Wall Street losses.
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Wall Street stocks tumbled on Tuesday after an index of service sector activity slumped to its lowest level since the aftermath of the September 11 attacks, accentuating fears for the health of the US economy.
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China's plunge and Greenspan's gloomy words spooked investors. But views on the economy's future are divided
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NEW YORK - Stocks tumbled Wednesday as investors saw a surge in oil prices and disappointing earnings from Morgan Stanley as a reason to collect profits from gains of the last month.
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U.S. stocks slid sharply on Friday, after bellwether stocks such as Caterpillar and Google posted disappointing earnings.
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Stocks plummeted this morning after an emergency rate cut from the Fed failed to reassure investors worried about a recession. The Dow tumbled more than 400 points right after the opening bell, then recovered a bit. International markets also have plunged on worries about a global slowdown.
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NEW YORK - Stocks tumbled Wednesday as investors saw a surge in oil prices and disappointing earnings from Morgan Stanley as a reason to collect profits from gains of the last month. The Dow Jones industrial average dropped nearly 130 points, and all three major indexes saw their biggest losses since early August...
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Stocks tumbled on Friday, with the Nasdaq down more than 3 percent, as data showing weak job growth in December heightened fears of a U.S. recession.
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NEW YORK - Investors were unmoved by Federal Reserve Chairman Alan Greenspan's improved assessment of the economy, and stocks remained mixed Wednesday in light trading.    While Greenspan said the economy has "regained some traction" after the summer's slowdown, he echoed Wall Street's concerns over energy prices, which have fallen from record highs in recent weeks but stubbornly remain above $40 per barrel...
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NEW YORK - U.S. stocks are seen lower at the open Thursday as traders get a handle on Federal Reserve Chairman Alan Greenspan's testimony Wednesday...
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U.S. stocks fell sharply on Friday as  investors were jolted by a more than $2 increase in oil prices,  while Federal Reserve Chairman Alan Greenspan gave a stark  reminder that interest rates were bound to go higher and warned  the appetite for the dollar would dwindle.
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China's stock plunge and Greenspan's gloomy words helped spook investors. But opinions on the economy's future are divided
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U.S. stocks tumbled on Friday, battered by disappointing results from bellwether stocks such as Caterpillar Inc.  and Google Inc. , and worry that fallout from the risky subprime mortgage market may spread.
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U.S. stocks dropped on Friday as  investors were jolted by a jump in oil prices and comments by  U.S. Federal Reserve Chairman Alan Greenspan, who gave a blunt  reminder that interest rates were bound to go up and warned the  appetite for U.S. assets would eventually dwindle.