Stocks drop; Dow off more than 100 points
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Disappointing earnings from Morgan Stanley (MWD) and oil prices topping $48 per barrel sent stocks sharply lower Wednesday as investors moved to protect their recent gains.
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Stocks dropped on Friday as investors tempered optimism that the economy may avoid recession, and they locked in profits on banking and pharmaceutical shares after two days of sharp gains.
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Stocks dropped on Friday as investors tempered their optimism that the economy could avoid recession, and locked in profits on banking and pharmaceutical shares after two days of sharp gains.
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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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Stocks extended losses on Friday, with the Dow dropping more than 200 points, on worry about the economy after manufacturer Caterpillar Inc  cut its profit outlook.
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U.S. stocks dropped on Friday after a manufacturing index showed its weakest reading in more than three years, prompting worries the economy was slowing sharply.
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Stocks slipped on Monday as concern about the impact of the housing slump and credit squeeze hurt shares of financial companies.
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The Dow and S&P stock gauges fell on Tuesday after disappointing quarterly results from Procter & Gamble and U.S. Steel hurt confidence about the outlook for earnings, while a Wall Street Journal article raised doubt the Federal Reserve would cut interest rates this week.
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Stocks turned lower on Monday as financial and energy shares declined and an advance in technology shares lost steam.
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Stocks dropped 1 percent on Friday as investors took profits after two days of sharp gains and before the weekend.
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Stocks fell on Friday as investors   worried that the economy will slow more sharply than expected,   prompting them to sell shares of big industrial companies such   as heavy equipment maker Caterpillar Inc. CAT.N.
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Stocks plunged Tuesday, driving the Dow Jones industrials down 200 points and erasing the gains from the past three sessions, as troubles for subprime lenders kept piling up and U.S. retail sales came in weaker than anticipated.
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Stocks fell on Wednesday after weak employment data and a record drop in a home sales index heightened concern that turmoil in the subprime mortgage market was hurting the wider U.S. economy.
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U.S. stocks dropped sharply on Tuesday, pushing the Dow down more than 200 points in its second-biggest drop of the year, as mounting losses in the subprime mortgage sector and weak retail sales caused investors to sell riskier assets.
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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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The Dow was down more than 200 points at one point today as earnings reports from Wachovia and Caterpillar disappointed investors.
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Europe's main stock markets fell Thursday as investors fretted over the economic outlook amid 100-dollar oil and after heavy losses for equity prices in Asia and on Wall Street overnight.