Wall St extends sharp losses
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Wall Street stocks retreated again Wednesday, extending Tuesday's sharp losses, after Intel's earnings miss sapped confidence in the technology sector.
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Stocks fell sharply on Thursday as data signalling strength in the economy raised concerns about the outlook for interest rates and investors opted to lock in profits ahead of a long U.S. holiday weekend.
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Stocks extended losses on Thursday as financial shares fell further on growing doubts about a plan by global central banks to unfreeze credit markets and data showed a higher-than-expected rise in wholesale inflation last month.
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Wall Street pulled back sharply Tuesday as investors dealt with disappointing earnings reports and rising concerns about the mortgage market.
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Stocks extended losses on Tuesday, driving all three major indexes down more than 1 percent, as mounting losses in the subprime mortgage sector caused investors to sell riskier assets.
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US stock markets tumbled heavily in the week to Friday, giving Wall Street a fresh battering, despite Congress granting a green light to a giant economic stimulus package sought by the White House.
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London equities tumbled on Wednesday after sharp losses on Wall Street and in Asia kept the focus firmly on the economy and the outlook for corporate earnings.
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Stocks dropped sharply on Wednesday as a steep quarterly loss at Merrill Lynch & Co. Inc.  and executives' warnings about possible future problems suggested the worst of the credit crisis may not be over.
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London equities tracked Wall Street sharply lower on Tuesday as growing concerns about the health of the US subprime lending sector harried the financials sector and resurrected fears of a wider slowdown.
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Wall Street stocks fell sharply on Friday after a cautious earnings outlook at American Express (NYSE:AXP) added to worries that US consumer spending is headed for a sharp slowdown.
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European stocks sank again on Friday after a sharp round of losses earlier in Asia and overnight in New York, as fears mounted that the global economy could face higher interest rates, dealers said.
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U.S. stocks extended early losses on Monday after a report showing that growth in the U.S. service sector strengthened at a greater-than-expected pace in January.
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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 extended losses on Tuesday, with the S&P 500 index falling 1 percent, as financial shares declined further on housing market concerns.
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U.S. stocks extended their losses on  Wednesday after investment bank Morgan Stanley said quarterly  profit fell, casting doubt on corporate earnings growth, while  a brokerage downgrade on Cisco Systems Inc. hurt tech stocks.
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European stock markets suffered sharp losses on Wednesday, tracking a fall on Wall Street after the Federal Reserve rekindled interest rate worries, while a disappointing trading update from British fashion retailer Next slammed retailers.
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US stocks were set for more pain on Friday as heightened credit concerns and fresh bad economic news weighed on investor sentiment.