Stocks hammered; investors flee to bonds
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Major Asian stock markets fell as much as 8 percent 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.
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Stocks fell sharply on Friday, dragged lower by the heavily weighted financial sector after Bear Stearns Cos. Inc.  said it bailed out a hedge fund that is facing margin calls.
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Stocks fell on Tuesday as fears of a recession gripped investors and pushed the Nasdaq briefly into bear market territory.
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Stocks plummeted on Tuesday as bond yields shot to their highest in five years, stoking fears that higher borrowing costs could cut into corporate profits and discourage takeovers.
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Bond prices fell and stocks quickly followed suit on Thursday as anxiety over rising interest rates spread.
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A discouraging report on home sales wiped out early gains on Wall Street.
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Stocks tumbled on Thursday as Treasury yields surged above 5 percent, reinforcing fears that global inflation would force borrowing costs to rise.
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Stocks slid sharply on Tuesday, joining a global equity rout on fears of a U.S. recession and pushing the Nasdaq into bear market territory.
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Stocks fell sharply and goverment bonds rallied on Tuesday as further bad news from the beleaguered US mortgage sector fuelled concerns over growth prospects for the broader economy.
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Stocks tumbled on Tuesday after a weaker-than-expected economic report and a sharp fall in China's main stock index unnerved investors after two consecutive days of Wall Street losses.
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The dollar plunged against major currencies on Friday, pulling the rug from under European stocks as the euro soared and sending investors scuttling into selected safe havens.
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Stocks tumbled for a third straight day on Thursday, as Treasury debt yields surged above 5 percent, reinforcing fears that global inflation would force borrowing costs to rise.
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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.
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U.S. stocks slid on Thursday as worries about bad mortgage debts hit bank shares and a warning from home builder Toll Brothers Inc.  reignited concern about weakness in the housing market.
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NEW YORK An unexpected jump in unemployment claims and rising oil prices have stocks losing ground. Also, tech stocks are tumbling on poor sales forecasts from a pair of semiconductor makers.
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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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Stocks tumbled on Monday on worries the housing slump was dragging on the economy at the same time inflation was posing a growing menace.