Stocks send S&P 500 down 1 percent
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Stocks fell further on Tuesday, sending the S&P 500 down more than 1 percent, as a downgrade of investment banks and renewed credit concerns drove a slide in shares of financial companies, while data painted a worrying picture about the economy.
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Wall Street slid in early trading after a profit warning from Capital One raised concerns about a spread of the turmoil in the credit markets.
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Stocks dropped on Wednesday, with the Nasdaq slumping more than 1 percent, as recession fears hurt manufacturing and consumer discretionary stocks and financial shares suffered further declines.
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Stocks extended losses on Monday, pushing the Nasdaq down 1 percent, amid increased global credit concerns before an expected U.S. interest rate cut this week.
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Stocks fell sharply on Wednesday, with the Nasdaq composite index dropping 1 percent, after data showing higher-than-expected labor costs fueled concern that inflation and rising interest rates will squeeze corporate earnings.
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The Nikkei fell 1 percent by midsession  on Wednesday as investors sold a broad range of shares,  extending losses from the day before when poor Japanese  industrial output data put a damper on the economy's outlook.
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Stocks dropped on Wednesday, pushing the Dow industrial average below 12,000 for the first time since November on worries over the worsening subprime mortgage market.
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U.S. stocks extended their declines on Wednesday, with the S&P tumbling more than 1 percent, as a build-up in oil supplies hurt energy stocks and bond yields touched session highs, weighing on financial shares and other rate-sensitive sectors.
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Stocks fell on Tuesday, with the Nasdaq losing 1 percent, after a report showed consumer confidence fell in August, heightening concern about the fallout from the housing slump.
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U.S. stocks fell on Thursday, with the  Nasdaq sliding more than 1 percent, as a larger-than-expected  drop in an economic forecasting gauge renewed concern about  slower growth ahead.
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Stocks fell on Wednesday as worries over the worsening subprime mortgage market fueled more caution, setting the Dow Jones industrial average on course to drop below the 12,000 level for the first time since November.
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The Nikkei average posted its biggest   one-day fall in a month on Thursday, dropping 1.67 percent to a   one-week low after concerns about U.S. interest rates hurt   shares of exporters and Sony Corp. reported production delays   for its new video game console.
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The Nikkei lost 1 percent on Thursday as  stocks such as Matsushita Electric Industrial Co. fell after  downbeat earnings at U.S. firms, while a profit warning from  Sony Corp. looked set to push the market lower.
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US stocks plunged in a torrid week, suffering their steepest one-day fall in equities since 2001. The slump reversed the year's gains, and left open the question of whether worse was to come.
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Stocks fell on Wednesday after Standard & Poor's downgraded its rating outlook on several bond insurers, suggesting further potential turmoil in the financial sector.
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Stocks extended losses on Tuesday, driving all three major indexes down more than 1 percent, as mounting losses in the subprime mortgage sector caused investors to sell riskier assets.
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The Nikkei fell 1 percent by midsession on Wednesday as investors sold a broad range of shares, extending losses from the day before when poor Japanese industrial output data put a damper on the economy's outlook.