Stocks shudder on '87 crash anniversary
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NEW YORK  -Caterpillar Inc.'s warning that the housing slump was infecting the wider economy sent U.S. stocks tumbling by the most in more than two months on Friday, in a drop that was made more unnerving as it marked the 20th anniversary of the 1987 market crash.
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Investors were reminded of the uncertainty plaguing Wall Street.
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Asian stocks tumbled anew on Friday  after the latest salvo of sour signals about the U.S. economy  pummeled Wall Street, sending the benchmark S&P 500 (.SPX)  sprawling 3 percent lower to a 15-month nadir.
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Stocks tumbled Tuesday, continuing the abysmal start to the new year, as investors eyed a sharp jump in consumer credit and a warning from AT&T about its consumer business - and opted to bail out of a variety of sectors.
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Worries about the global economy rattled stock markets around the world this week, paring billions from the value of investorsâ holdings.
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What can you learn from the worst day in the history of the Dow?
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Investors are expected to dump technology shares today in the wake of a financial update last night from bellwether Intel Corp. that one analyst called &quot;a disaster.
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Stocks slid sharply on Friday, after bellwether stocks such as Caterpillar and Google posted disappointing earnings.
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Stocks plunged further on Thursday, sending the S&P 500 down more than 2 percent and driving the Dow industrial average down more than 1,000 points since the start of 2008, as investors worried about the outlook for the U.S. economy.
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It was a bad week for the stock market until Friday, and then it got much worse.
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Asian stocks tumbled anew on Friday after the latest salvo of sour signals about the U.S. economy pummeled Wall Street, sending the benchmark S&P 500 sprawling 3 percent lower to a 15-month nadir.
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Stocks tanked to start 2008, as economic concerns ruled out gains.
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The 20th anniversary of the stock  market's brutal 1987 crash has triggered explosive debate about  whether today's raging, yet dubious, bull market in world  stocks is headed for the same fate.
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Stocks fell sharply on Thursday as data signalling strength in the economy raised concerns about the outlook for interest rates and investors opted to lock in profits ahead of a long U.S. holiday weekend.
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Stocks fell sharply and money gushed into safe investments today, as Wall Street experienced a bout of deja vu from the turmoil of August.
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U.S. shares are expected to fall on  Thursday as investors wrestle with worries about inflation,  interest rates and economic growth, with economically sensitive  sectors such as technology likely to be hurt again.
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Stocks tumbled across Asia as panicky investors feared a U.S. recession could derail global economic growth, and a sharp drop in U.S. stock index futures pointed to heavy selling in New York later on Tuesday.