World stocks extended losses on Thursday and the dollar hovered near a one-month lows against major currencies after a run of dismal economic data pointed to a faltering recovery in the United States.
Stock index futures pointed to a slightly higher open on Wall Street on Thursday following the previous session's sharp losses, with futures for the S&P 500 up 0.05 percent, Dow Jones futures up 0.09 percent and Nasdaq 100 futures up 0.13 percent at 3:45 a.m. EDT.
Wall Street ended a four-day rally with its worst session since August on Wednesday and could suffer more losses in coming days as investors faced more signs the economic recovery is fading.
U.S. stocks slumped more than 1 percent in their worst day in more than two months on Wednesday after data that pointed to an economy running out of steam.
Stocks skidded on Wednesday as more weak economic data cemented fears the U.S. recovery was running out of steam and prompted Wall Street firms to slash forecasts ahead of the closely watched payrolls report on Friday.
Stocks fell on Wednesday as another round of weak economic data cast doubts on the strength of an economic recovery.
Stocks fell at the open on Wednesday as weak data on the labor market became the latest in string of soft economic reports.
Stocks were poised for a lower open on Wednesday as weak data on the labor market became the latest in string of soft economic reports.
Stocks were poised for a lower open on Wednesday as weak data on the labor market became the latest in string of soft economic reports.
U.S. stock index futures dipped on Wednesday after four straight days of gains for the benchmark S&P 500 as investors awaited data on the labor market and manufacturing.
U.S. stock index futures dipped on Wednesday after four straight days of gains for the benchmark S&P 500 as investors awaited data on the labor market and manufacturing.
Shares were set to open slightly lower on Wednesday, after strong gains in the previous session, and as investors awaited further economic data to gauge the strength of recovery in the world's biggest economy At 5:03 a.m. ET, futures for the Dow Jones, S&P 500 and Nasdaq were all down 0.1 percent.
Wall Street bulls took the upper hand with a 1 percent rally on Tuesday as hopes for a new plan to deal with Greece's debt crisis relieved some investor worry, but grim economic data suggested more hurdles ahead as the S&P 500 closed out its worst month since August.
Wall Street bulls took the upper hand on Tuesday as hopes for a new plan to deal with Greece's debt crisis soothed some investor worry, but more grim economic data suggested there were more hurdles ahead.
The rising tide of stocks last year further erased the damage of the 2008 financial crisis and buoyed worldwide personal wealth to a new record high.
Hopes of more financial aid for debt-stricken Greece lifted Wall Street on Tuesday, but a sharp bounce at the open was largely eroded as more weak economic data brought investors back to earth.
Stocks rose on Tuesday on optimism that more financial aid for Greece was imminent, but weaker-than-expected manufacturing and consumer confidence data underscored the doubts that have hit stocks this month.
Stocks climbed on Tuesday as optimism that new aid for Greece was on the horizon lifted the euro against the dollar, overshadowing another round of weaker-than-expected U.S. economic data.
Single-family home prices dropped into double-dip territory in March as the housing market remained bogged down by inventory and weak demand, a closely watched survey said on Tuesday.
Stocks were set for a higher open on Tuesday as the euro rose against the dollar and commodities prices climbed on optimism that new aid for Greece was on the horizon.
U.S. stock index futures advanced on Tuesday as the euro rose against the dollar and commodity prices jumped on optimism that new aid for Greece from the European Union was on the horizon.
U.S. stock index futures advanced on Tuesday as the euro rose against the dollar and commodity prices jumped on optimism that new aid for Greece from the European Union was in the offing.
Ratings agency Standard and Poor's cut its credit rating on Tokyo Electric Power <9501.T> to junk status on Monday, saying the utility's lenders were more likely to be forced to write off debt as part of a plan to compensate victims of an ongoing nuclear crisis.
Ratings agency Standard and Poor's cut its credit rating on Tokyo Electric Power <9501.T> to junk status on Monday, saying the utility's bank lenders were more likely to be forced to write off debt as part of a restructuring scheme to compensate victims of an ongoing nuclear crisis.
The euro slipped and world stocks were stuck on Monday with fears of a Greek debt default undimmed and U.S. and UK market holidays keeping many investors on the sidelines.
The dollar hovered near a two-week low against a basket of currencies on Monday and Asian stocks were pinned in tight trading ranges as weak U.S. economic data and fears of a Greek debt default kept many investors on the sidelines.
The Dow and S&P 500 closed out their fourth week of losses with a small gain on Friday, but only with the help of a weaker dollar boosting metals prices and basic materials stocks.
U.S. stocks rose in light volume on Friday, with basic materials shares leading the way as commodity prices kept rising on the back of a weaker U.S. dollar.
Wall Street rose on Friday, led by energy and materials stocks as commodity prices firmed in light trading before the long Memorial Day holiday weekend.
Stocks were higher on Friday as bullish comments about Greece caused the dollar to fall, resulting in strength in commodity prices.