Stocks drop as wholesale prices surge
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A huge jump in wholesale prices sent stocks falling yesterday as investors worried that rising oil prices were taking a toll on the overall economy.
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Wall Street stocks ended sharply lower Wednesday as investors saw a surge in oil prices and disappointing profits from Morgan Stanley as reason to cash in profits from the gains of last month.
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U.S. stocks were knocked lower on  Monday, with the Dow dipping briefly below 10,000, as record  high oil prices threatened to hurt corporate profits and a  brokerage downgrade hit semiconductor shares.
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Stocks dropped sharply on Thursday as a plunge in regional factory activity and a hefty loss at Merrill Lynch further clouded an increasingly dire view of the economy.
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U.S. stocks fell on Friday on signs   the economy may be slowing more sharply than previously   thought, threatening corporate profits, including those of   large industrial companies.
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Wholesale prices dipped 0.1 percent in August as a retreat in food costs helped to blunt a rise in the price of some energy products, a fresh sign that inflation isn't currently a problem for the economy.
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Stocks fell sharply after an economic report showed retail sales fell in December and two large banks announced big investments from overseas amid rising losses.
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NEW YORK - Rising oil prices and a disappointing wholesale inventories report offset a sharp drop in initial unemployment claims on Thursday, keeping stocks mixed. Technology shares benefited from a pair of outlook upgrades...
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U.S. stocks fell on Monday as a drop  in oil company shares on sharply lower crude prices  overshadowed reports of strong holiday sales from some  retailers.
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Shares plunge, company says to miss Wall Street forecasts as price cuts, expansion squeeze margins. NEW YORK  - Wild Oats Markets Inc.
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US wholesale prices dipped 0.1percent in August as a retreat in food costs helped offset a rise in energy prices, the US Labor Department reported Friday.
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Stocks fell on Thursday as an unexpected contraction in Midwest business activity raised concerns about the outlook for corporate profits.
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Stocks dropped on Friday, with the Dow and S&P down 1 percent, as investors locked in profits after two days of sharp gains, with financial and defensive sectors among those leading declines.
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Stocks dropped sharply on Thursday as data showing a plunge in regional factory activity and news of a hefty loss by brokerage Merrill Lynch fanned worries about the economy.
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Stocks dropped on Wednesday, with the Nasdaq slumping more than 1 percent, as recession fears hurt manufacturing and consumer discretionary stocks and financial shares suffered further declines.
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Stocks dropped sharply on Friday as recession worries mounted after data showing weak job growth in December and rising unemployment.
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WASHINGTON - Wholesale prices dipped 0.1 percent in August as a retreat in food costs helped to blunt a rise in the price of some energy products, a fresh sign that inflation isn't currently a problem for the economy. The decline in the Producer Price Index, which measures costs of goods before they reach store shelves, came after wholesale costs edged up by 0.1 percent in July, the Labor Department reported Friday...