Stocks fell on Monday on anxiety that a possible global flu outbreak could derail the economy's efforts to climb out of a recession.
Stocks fell on Monday, sending benchmark indexes down more than 1 percent, as investors worried that a possible global flu outbreak could complicate efforts to revive the economy.
Wall Street looked set for a drop of more than 1 percent at the open on Monday as investors worried that a possible global flu outbreak could throw a wrench into the economy's ability to climb out of a recession.
Cell phone chip supplier Qualcomm Inc flipped to a loss for its fiscal second quarter, hurt by investment losses and hefty costs related to its legal settlement with arch-rival Broadcom Corp .
Stock futures pointed to a more than 1 percent drop at the open on Monday as investors worried that a possible global flu outbreak could throw a wrench into the economy's ability to climb out of a recession.
Stock index futures traded lower, suggesting a weaker start for Wall Street later on Monday as worries linked to a global swine flu outbreak added to U.S. bank stress-test jitters.
U.S. stock index futures traded lower, suggesting a weaker start for Wall Street later on Monday as worries linked to a global swine flu outbreak added to U.S. bank stress-test jitters.
The threat of a pandemic triggered by a new 'flu strain that has killed 103 people in Mexico will provide a windfall for some makers of drugs and vaccines.
U.S. stock index futures traded lower, suggesting a weaker start for Wall Street later on Monday as worries linked to a global swine flu outbreak added to U.S. bank stress-test jitters.
World stocks tumbled on Monday, after seven weeks of gains, and oil and the euro fell as concerns intensified the spread of swine flu, which has killed more than 100 people in Mexico, would hit the global economy.
Asian stocks fell about 2 percent on Monday as the outbreak of swine flu in North America hurt shares of airlines while prompting some market players to trim risky positions, hitting currencies such as the Australian dollar.
U.S. stocks may run into some turbulence this week as the impending release of bank stress test results, a Federal Reserve meeting and a flood of earnings give investors reasons for caution.
Oil prices fell over 2 percent toward $50 a barrel on Monday, paring some of the previous session's near 4 percent gain, on fears of a global flu pandemic after an outbreak of swine flu in Mexico.
U.S. stocks may run into some turbulence this week as the impending release of bank stress test results, a Federal Reserve meeting and a flood of earnings will give investors some reasons for caution.
U.S. stocks may run into some turbulence next week as the impending release of bank stress test results, a Federal Reserve meeting and a flood of earnings will give investors some reasons for caution.
Chrysler's lenders and a Canadian union continued talks on Friday with less than a week to a U.S. government deadline to cut deals, as General Motors Corp drew $2 billion more in government aid.
Stocks rallied on Friday as earnings showed companies have weathered the recession and economic data raised hopes the economic cycle may have hit a bottom.
Stocks held gains on Friday after the government released a much anticipated concept paper on stress tests for the 19 biggest U.S. banks.
Stocks pared gains on Friday after a much anticipated concept paper on the government stress tests for the 19 biggest U.S. financial institutions was released.
Stocks rose on Friday on better-than-expected results from companies, including American Express and Schlumberger, as economic data raised hopes the economic cycle may have hit a trough.
Stocks extended gains on Friday on better-than-expected results from companies, including American Express and Ford, and reassuring economic data boosted hopes the recession is showing signs of abating.
Stocks rose on Friday on better-than-expected results from companies including American Express and Ford as reassuring data on manufacturing and housing boosted hopes the recession is showing signs of abating.
Stocks extended gains on Friday, sending benchmark indexes up more than 1 percent, as a report on March new home sales suggested some stabilization in the housing market.
Xerox Corp flipped to a profit in the first quarter, but revenue fell 18 percent in the first quarter as slumping customer demand took its toll on sales of printing equipment and supplies.
U.S. corporate earnings are shaping up to be better than expected in the first quarter, compared with the previous quarter as bank results stabilize. But profitability remains well below pre-recession levels.
Wall Street was set for a modestly higher open on Friday as investors found bright spots in a slew of earnings results, including a smaller-than-expected loss from struggling Ford Motor Co.
New orders for U.S. durable goods slipped 0.8 percent in March, far less than Wall Street expected, while their gain in February was revised downward, Commerce Department data showed on Friday.
Stock index futures pointed to a higher open on Friday after Ford Motor Co reported better-than-expected results as investors awaited data on manufacturing and housing.
Stock index futures pointed to a higher open on Friday after Ford Motor Co reported better-than-expected results as investors awaited data on manufacturing and housing.
Futures for the Dow Jones industrial average share index fell 0.1 percent, for the Nasdaq 100 rose 0.1 percent and for the S&P 500 index fell 0.2 percent, pointing to a mixed start on Wall Street.
