Stocks fall on credit worry, bank downgrades
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U.S. stock index futures fell on Tuesday, weighed down by renewed credit concerns and caution ahead of reports on home prices and consumer confidence.
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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 fell on Wednesday as worries over the worsening subprime mortgage market fueled more caution, sending the Dow Jones industrial average below the 12,000 level for the first time since November.
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The shares of U.S. commercial and  investment banks fell on Tuesday after two bond rating agencies  started to downgrade billions of dollars of securities backed  by subprime bonds, triggering concerns that bond sales and  lending businesses could slow.
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Stocks edged lower 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 dropped in early trading, with Wall Street taking few chances amid concerns that shrinking credit is hurting the economy.
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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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Stocks fell on Tuesday as investors worried that higher interest rates would cut into corporate profits, while a disappointing outlook from Texas Instruments Inc.  dented optimism about tech spending.
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NEW YORK  -Stocks slid on Tuesday as the subprime mortgage crisis escalated, undermining banking shares while Home Depot Inc. and other housing-related companies lowered their outlooks.
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Stocks fell on Tuesday as investors  worried that higher interest rates would cut into corporate  profits, while a disappointing outlook from Texas Instruments  Inc.  dented optimism about tech spending.
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Stocks slid in early trading amid renewed fears that financial companies will suffer larger-than-expected write-downs from credit market troubles.
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Stocks dropped on Wednesday after weak data heightened concerns about turmoil in the subprime mortgage market, while the Federal Reserve's Beige Book later suggested conditions may not have deteriorated enough to trigger a rate cut.
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Stocks fell on Monday as embattled British bank Northern Rock's  troubles mounted, adding to global credit concerns before an expected U.S. interest rate cut this week.
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Stocks slipped on Monday as concern about the impact of the housing slump and credit squeeze hurt shares of financial companies.
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Stock futures fell on Friday, as bond  yields rose and lingering credit worries looked set to drag on  financial stocks.
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U.S. stocks fell on Thursday as financial stocks dropped on credit worries, overshadowing earlier optimism about technology company profits.
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Wall Street was poised to open lower Wednesday as concerns about subprime loans continued to dog the stock market, which declined sharply a day earlier.