US stocks lower amid credit concerns
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US stocks ended the week on a subdued note on Friday when economic data combined with heightened credit concerns sent leading indices lower.
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Stocks declined on Monday, led lower by financial shares, as a rush by savers to withdraw deposits at a large British mortgage lender fueled worries the credit market turmoil would spread.
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Stock futures pointed to a lower open 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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U.S. stocks fell on Wednesday, with investors uncertain that equities could avert further losses amid lingering concerns about economic growth and fallout from a slowing housing market.
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Stocks fell on Friday, with the Dow dropping more than 2 percent, after American Express Co  warned of mounting credit-card defaults, adding to expectations of a U.S. recession.
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Stocks fell on Thursday as doubts grew that a plan by global central banks to thaw credit markets could work, sending financial shares lower.
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US STOCKS were knocked lower yesterday as investors worried that rising prices for oil and commodities would dent corporate profits, while drug shares fell on possible stricter scrutiny from regulators.
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U.S. stocks fell on Thursday after a warning about U.S. subprime mortgage lending from Britain's HSBC  sparked a sell-off in financial stocks and investors worried that fallout from the housing slowdown may be far from over.
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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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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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Shares on Wall Street looked set for  a weaker start on Wednesday as concerns about the U.S. subprime  mortgage market resurfaced ahead of U.S. housing and key  inflation data and a slew of corporate earnings.
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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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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 stocks were set for a lower start on Thursday, as doubts continued about a plan by world central banks to help alleviate the worst effects of the credit squeeze and worries about inflation returned.
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U.S. stocks closed lower for the third straight session on Tuesday as higher bond yields raised concerns about borrowing costs and more fallout from the subprime mortgage market kept investors on edge.
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Stocks opened lower on Friday after the latest fallout from the U.S. mortgage sector cropped up in Europe and data showed U.S. retail sales, excluding autos, unexpectedly declined last month.
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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.