Wednesday's opening in Wall Street headed lower after Alcoa Inc. announced it will cut about 13 percent of its workforce.
U.S. stocks plunged sharply on Tuesday, sending the Dow Jones into a bear market as crude oil prices continued to rise causing financial stocks to tumble as more analysts reduced earnings estimates for banks.
U.S. stocks were mixed on Monday, dragged lower by financial shares on concern there could be more credit losses and while record oil prices topped $143 a barrel.
U.S. stocks were mixed in morning trading on Friday, failing to post a significant rebound a day after the Dow suffered its second-worst percentage loss of the year and closed at its weakest level in 21 months while key inflation gauge showed signs that consumer spending surged in May.
U.S. stocks tumbled sharply on Thursday with the Dow dropping to its worst level since September 2006 on a series of downgrades from Goldman Sachs while shares of Citigroup Inc. and General Motors hit its lowest levels in more than nine years.
U.S. stocks held onto most of its gains on Wednesday after the Federal Reserve decided to end its string of interest rate cuts and maintain rates at 2 percent as inflation concerns rise.
U.S. stocks rose on Tuesday on speculation that weaker consumer confidence and a record plunge in home prices will ensure the Federal Reserve to maintain interest rates at current levels, while United Parcel Service set new multiyear low.
Most U.S. stocks dropped during afternoon trading on Monday as crude oil prices rose while the outlook for bank earnings lowered.
U.S. stocks fell on Friday to a three month low as the oil price continued to rise following increased violence in the Middle East and more trouble persisted in the financial sector.
U.S. stocks fell for the second day on Wednesday after economic bellwether FedEx Corp. released disappointing results and reinforced concern over bank losses.
U.S. stocks on Tuesday fell for the first time in four days after Goldman Sachs predicted anks will have to raise $65 billion in new capital to cover losses in the face of economic data that further highlights soaring inflation amidst a troubled housing market.
U.S. stocks fell on Monday for the first time in three days, giving back some of Friday's gains, after a bigger-than-expected drop in New York state manufacturing and a decline in the dollar cast doubts about the state of the U.S. economy, while oil jumped $4 a barrel.
U.S. stocks rose on Friday, paring the week's losses, after oil retreated and by a rising dollar while some measures of inflation matched economists' forecast, damping speculation the Federal Reserve will boost interest rates this year.
The FTSE 100 share index rose early on Thursday. By 9:18 am the index had risen 0.6 per cent by 34.7 points to 5,758.9.
Tokyo stocks closed sharply higher Wednesday on rises in Asian stock markets and stronger-than-expected Japanese economic growth data.
U.S. stocks gained on Thursday, with all three indexes gaining at least 1 percent as May sales at Wal-Mart Stores Inc. and Costco Wholesale Corp. beat analysts' estimates while jobless claims fell, boosting expectations that consumer spending will increase the retailers profits.
U.S. stocks were mixed Wednesday afternoon after Moody's said it may be forced to downgrade the credit ratings on MBIA Inc and Ambac Financial.
U.S. stocks fell for a second day Tuesday with increasing speculation that Lehman Brothers Holdings Inc. will be forced to raise more capital led a slump in financial shares.
Wall Street began June in the red, falling for the first time in five days, as the Dow quickly lost more than 100 points Monday morning on more worries about the financial sector after Wachovia Corp. ousted its chief executive.
Financial sector stocks fell on Friday, despite gains from the leading U.S. insurer, American International Group.
U.S. stocks rose for a fourth day on Friday with technology gaining on better-than-expected profit from computer maker Dell Inc which signaled stronger business spending, while the broad market was little changed after three days of gains.
U.S. stocks rose on Thursday for a third consecutive day after oil dropped, easing inflation concerns, while the government reported that the economy grew last quarter at a faster pace than previously predicted.
Tokyo stocks dropped Wednesday, sending the key Nikkei benchmark over 180 points lower, as trading houses and resource-related shares were hit hard by a sharp overnight drop in New York crude oil futures.
U.S. stocks fell on Wednesday as concerns increased that regional banks face more write downs after more bad news in the financial sector did little to ease concerns over the state of the slowing economy, while oil futures headed back toward $130 a barrel.
The FTSE 100 share index fell 94.3 points on Friday to 6,087.3 (down 1.5 per cent).
Tokyo stocks closed over 2 percent higher on Friday, with Japan's key Nikkei index topping the 14,000 line for the first time in about two months, as an overnight surge in U.S. stocks led to heightened optimism about the U.S. economic outlook.
U.S. stocks fell on Friday, extending the biggest weekly retreat since February and placed the market on track for weekly losses as crude oil resumed its surge to top $133 a barrel.
U.S. stocks gained on Thursday for the first time in three days after an unexpected drop in jobless claims and oil prices retreated from record breaking heights.
Hong Kong stocks rebounded from morning losses, dragged by China Mobile, and closed up more than 1 percent on Wednesday after oil-related shares sparked a big rally on the blue-chip index.
Tokyo stocks tumbled Wednesday morning, with the benchmark Nikkei index dropping below the 14,000 line for the first time in five trading days, as broad-based selling set in after sharp falls in U.S. shares overnight.
