Stocks Dive on Reports of New Ills
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Shares tumbled late in the day after AT&Tâs chief suggested consumers might be cutting back and Countrywide Financial denied it was tumbling into bankruptcy.
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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 closed at their lowest levels of the day, tumbling on the latest indicator of a U.S. recession.
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Wall Street investors received a double dose of bad news overnight before the US market opened this morning after suffering its biggest fall in two months Friday.
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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 fell sharply on Tuesday after Merrill Lynch cut its rating on three investment banks, while housing and consumer confidence data added to concerns about the economy's health.
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U.S. stocks fell on Thursday, led lower by technology shares, as investors turned skittish about Friday's jobs report and the economy's prospects.
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U.S. stocks fell on Monday, with the  blue-chip Dow hitting a new low for the year, as oil prices set  new records above $55 a barrel and the dollar fell to within a  cent of record lows against the euro.
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Stocks fell on Friday, sending the Nasdaq down more than 1 percent, as investors worried that a diminishing appetite for riskier assets after this week's market rout will drive stocks down even more.
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The Dow Jones industrial average plunged 306.95 points Thursday as investors confronted new chapters of a well-worn story: the economy is in trouble.
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US stocks closed lower last night as investors grappled with a number of conflicting economic reports. The Dow Jones Industrial Average ended its session down 47.88 points, at 10,428.02.
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Stocks fell on Monday as data pointing to further trouble in the housing sector fueled concerns about the outlook for the economy and corporate profits.
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Stocks fell on Thursday in the latest leg of a global equities sell-off as investors' diminishing appetite for risk drove them toward safer assets like bonds.
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Stocks finished lower on Monday -- the  first trading day of the new year -- after a report indicated  job growth may be moderating and another showed an unexpected  drop in construction spending.
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The stock market plunged as investors were hit by fresh worries over declining consumer confidence, falling house prices, shrinking profits and uncertainty.
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Stocks tumbled on Tuesday, with the S&P and Nasdaq falling more than 2 percent, after a report showing a decline in retail sales bolstered the market's suspicions the economy was heading into a recession.
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Stocks fell on Tuesday after a report showing a decline in retail sales underscored worries about a recession and Citigroup Inc's  loss hurt financial shares.