Nasdaq's fall leads market down for 6th day
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Stocks slid for a sixth session on Wednesday, led by the Nasdaq's drop of more than 3 percent as profit forecasts from Apple Inc and Motorola added to recession fears.
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The Dow Jones industrial average is down four points at ten-thousand-94. Decliners on the New York Stock Exchange hold a narrow lead over advancers.
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Wall Street braced for an opening sell-off as the international stock market continued its retreat today. The Nasdaq and S&amp;P futures are sharply lower. Tokyo's Nikkei is down more than 3.3 percent. The Shanghai Composite index, which sparked the sell-off in U.S. markets last Tuesday, fell 1.6 percent.
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The leading share index fell below 6,000 points for the first time since August 2007, with mining issues the biggest casualties amid fears of a global economic slowdown, dealers said Wednesday.
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European equity markets turned lower by mid-afternoon on Monday, subdued by early weakness on Wall Street.
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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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Wall Street was lower at mid-morning on Monday, with Microsoft shares down after a European Union court ruling and investors on guard ahead of earnings from investment banks this week. Light trading activity is expected as investors await the outcome of the Federal Reserve&#39;s policy meeting on Tuesday.
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Stocks tumbled across the board Tuesday, with the Dow industrials sinking about 500 points at one point. It closed 415 points down -- the biggest one-day drop in three years. The New York Stock Exchange tried to limit declines by imposing trading curbs. The selloff is on the back of a nearly eight-month rally.
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Leading shares ended lower after a thinly-traded session tracking falls on Wall Street with investors cautious ahead of the Federal Reserve's latest US interest rate decision due after the London close tonight.
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Oil fell by more than $4 on Tuesday to a new six-week low as global stock markets swooned on the growing prospect of a U.S.-led economic recession.
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Stocks declined Monday, the last day of a volatile and difficult year on Wall Street.
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Stocks fell in mid-afternoon trade on Tuesday as investors remained nervous that fallout from the subprime mortgage market may spread and as bond yields headed higher.
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U.S. stocks tumbled on Tuesday, driving the Dow Jones industrial average down in its worst slide since the aftermath of the September 11 attacks, as a sell-off in China's stock market raised concerns that equity valuations may be too high.
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The Dow Jones industrial average fell 108 points to about 97-hundred-58. Decliners on the New York Stock Exchange outnumbered advancers by a five-to-three margin.
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U.S. stocks slid on Monday, with the Nasdaq losing nearly 2 percent, amid concern about Google Inc.'s  valuation and doubts about holiday spending after a disappointing sales estimate from Wal-Mart Stores Inc. .
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Stocks dropped on Monday, with the Nasdaq losing more than 1 percent, as worry about a possible recession hurt economically sensitive stocks like energy and financial shares.
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US shares closed just a tad lower last night as the amrket held its breath ahead of the US election. The Dow Jones Industrial Average ended 7.82 points adrift (0.