Stocks Dip on Consumer Income Report News
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NEW YORK - Stocks drifted lower in extremely light trading Monday as a disappointing consumer income report prompted investors to collect profits after two weeks of gains. Several earnings warnings added to investors' uneasiness...
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Stocks fell on Tuesday after a report showing a decline in retail sales underscored worries about a recession and Citigroup Inc's  loss hurt financial shares.
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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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Investor's Business Daily - Market News' retail trade index bounced 3.7 points to a still-weak 41.5 in the Oct. 27 week. Readings below 50 signal more chains are reporting slowing conditions. Same-store year-on-year sales growth is very weak at 0.7%, with total sales growth at 4.1%. Income is also weak, with 43% of the sample reporting declines vs. 40% reporting gains. Retailers blamed housing woes.
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U.S. shares slipped on Thursday as investors showed some caution about Friday's jobs report and the economy's prospects and seized the opportunity to take profits.
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U.S. stocks slid on Thursday, after  earnings reports from eBay Inc. EBAY.O and Qualcomm Inc.  QCOM.O disappointed, while a survey showing a slowdown in  growth at U.S. Mid-Atlantic factories caused some concern.
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Stocks slid on Tuesday as a report showing a surprise drop in retail sales in December bolstered the market's suspicions the economy was heading into a recession, while a bigger-than-expected loss at Citigroup Inc  dragged down the financial sector.
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Stocks fell on Friday after a surge in consumer prices stirred investor concerns that the Federal Reserve may back off from cutting interest rates, compounding the outlook for the economy and corporate profits.
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Stocks fell on Friday after stronger-than-expected inflation data fueled concerns the Federal Reserve will stop cutting interest rates, dimming the outlook for the economy and corporate profits.
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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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Stocks declined on Wednesday after a report showing weaker-than-expected U.S. economic growth underscored worries about a recession and Yahoo Inc  forecast 2008 revenue below expectations.
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Stocks slipped on Wednesday as a report suggested that November job growth may have exceeded Wall Street's estimates, diminishing the chances of an interest-rate cut any time soon.
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U.S. stocks headed for a lower open Tuesday ahead of economic data on housing as well as a handful of quarterly results from blue chip names including Coca-Cola Co., Intel Corp. and Merrill Lynch.
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Stocks fell on Thursday, after a sharp drop in Bank of America Corp's  earnings stoked worries about the impact of the credit crunch on profits and the economy.
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U.S. stocks slipped on Tuesday as disappointing results from software maker Oracle Corp.  hurt technology stocks, and an unexpected quarterly loss from electronics retailer Circuit City  renewed fears about consumer spending during the holiday shopping season.
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Stocks slipped as Wall Street, still pleased about the Federal Reserveâs rate cut but sobered a bit by mixed earnings reports, stopped to cash in profits from this week.
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U.S. stocks opened lower on Wednesday after a government report showed consumer prices, excluding food and energy, rose more than expected in January, curbing expectations for an interest-rate cut in the near term.