S&P, Nasdaq drop more than 2 pct late in session
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The S&P 500 and Nasdaq composite indexes each dropped by more than 2 percent on Tuesday after minutes from the August 7 Federal Reserve policy meeting showed growing concerns about housing and the consumer even before credit market turmoil picked up speed.
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SAN FRANCISCO (CBS.MW) -- Shares of National Semiconductor fell more than 7 percent in pre-open trading Tuesday after the analog chipmaker lowered its fiscal second-quarter financial targets due to weak demand and high inventory.
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Wall Street extended its decline in early trading today, falling on nagging concerns about mortgage defaults and also following the lead of stock markets that tumbled abroad. The Dow fell 4.2 percent last week including Tuesday's 416-point plunge, fell about 62 points to the 12,051 level in the opening minutes of trading.
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U.S. stocks fell on Monday, sending the Nasdaq Composite index down more than 1 percent, amid rising concerns about the subprime mortgage lending market and the diminishing appetite for risk in the latest leg of the global equity sell-off.
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U.S. stocks fell on Friday, with the Dow knocked off its 14,000-point perch and the Nasdaq composite index down more than 1 percent after bellwether stocks Caterpillar Inc.  and Google Inc  posted disappointing earnings.
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Stocks hit session lows at midday on Thursday after a mid-Atlantic manufacturing survey cast doubt on the economy's health, but the Nasdaq remained in positive territory following a reassuring profit and outlook from Oracle Corp .
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Stock prices fell in early trading today with investors collecting some profits after Wednesday's gains.
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The Nasdaq composite index fell more than 2 percent on Friday, hit by concerns about weak job growth and a brokerage downgrade of chip maker Intel Corp .
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Leading shares closed weaker, off session lows as Wall Street rallied from early falls, with some disappointing earnings news weighing in London.
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Stocks fell on Tuesday after disappointing earnings from Procter & Gamble and U.S. Steel and a Wall Street Journal article that cast doubt on the chances for a Federal Reserve interest rate cut on Wednesday.
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Leading British shares nosedived to session lows as Wall Street slipped amid ongoing concerns about the weak US currency.
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Investors turned to profit-taking yesterday, leaving stocks mixed after nearly two weeks of solid gains. Another drop in oil prices limited the market&#39;s losses.
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The Dow and S&P 500 declined on Monday as energy company shares fell on lower oil prices and investors worried about the economy, but Nasdaq rose, lifted by Apple Inc .
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U.S. stocks dropped sharply on Monday, with the Nasdaq sliding 2 percent, as investors sold Google Inc.  shares after Barron's newspaper said the stock was overvalued and a disappointing sales forecast from Wal-Mart Stores Inc.  raised doubts about consumers' holiday spending.
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U.S. stocks dropped sharply in late afternoon trading on Friday, with financial shares extending losses amid concerns about fewer buyout financings and the subprime mortgage industry.
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Stocks slid sharply for a second day on Wednesday after data showing higher-than-expected labor costs fueled concern that inflation and rising interest rates will hurt corporate earnings.
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U.S. stocks fell on Wednesday as  weaker-than-expected earnings from J.P. Morgan Chase & Co.  JPM.N, the second largest U.S. bank, dampened Wall Street's  mood.