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Tech slide, poor bond auction sinks Wall St

U.S. stocks slid on Thursday as investors took profits from the technology sector's recent surge, while analyst downgrades hurt telecoms and a tepid response to a government bond auction raised fears about public finances.

Market sinks on tech slide, poor bond auction

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Stocks slid on Thursday as investors booked profits in the hard-charging technology sector, while analyst downgrades hurt the telecom sector and a tepid response to a government bond auction undercut sentiment.

Wall Street falls as tech outweighs banks

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Stocks fell on Thursday as analyst downgrades in the telecom sector and a move out of technology stocks outweighed hopes that bank stress tests results would show most banks are healthier than thought.
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U.S. jobs data likely less bleak in April

U.S. non-farm payrolls data on Friday will likely show the pace of lay-offs eased in April, potentially adding fuel to a two-month stock market rally even though the jobless rate looks set to hit a 25-year high.
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U.S. regulators seize a bank to bankers

U.S. regulators seized Silverton Bank of Atlanta on Friday, a bank that provided services to other banks and the biggest bank failure so far this year, but officials said the impact would be minimal.
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Wall Street up as GM, techs outweigh flu anxiety

Stocks edged up on Monday as a cost-cutting plan from General Motors Corp and a rebound in technology stocks offset fears that a possible global flu outbreak could delay an economic recovery.
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Wall Street set to fall as swine flu jitters weigh

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.
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Banks, Fed, earnings, flu in view

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.
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Stocks face banks, Fed, earnings

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.
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Stocks face stress tests, earnings, Fed

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.
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Too soon to hope for U.S. housing recovery?

Early signs of a decent spring selling season in the U.S. housing market, as mortgage rates hit near-record lows, have been snuffed out by the latest round of dismal data.
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Wall Street set to fall on earnings caution, bank jitters

Wall Street was set to fall at the open on Monday on worries that problems persist for the struggling banking sector and after Bank of America's results relied heavily on one-time items as credit quality deteriorated markedly.
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Stock futures down on earnings caution, bank jitters

Stock index futures pointed to a lower open on Monday with investors cautious ahead of the latest round of earnings and after Bank of America's results relied heavily on one-time items, while credit quality deteriorated markedly.
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Earnings deluge may stall Wall Street rally

A torrent of earnings this week threatens to swamp Wall Street's impressive rally, as results so far have shown the corporate outlook remains murky and investors worry that better-than-expected results from banks still don't prove the sector is stable.
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Earnings deluge may stall rally

A torrent of earnings this week threatens to swamp Wall Street's impressive rally, as results so far have shown the corporate outlook remains murky and investors worry that better-than-expected results from banks still don't prove the sector is stable.
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Wall St Week Ahead: Earnings deluge may stall rally

A torrent of earnings this week threatens to swamp Wall Street's impressive rally, as results so far have shown the corporate outlook remains murky and investors worry that better-than-expected results from banks still don't prove the sector is stable.
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Earnings deluge may swamp stock rally

A torrent of earnings threatens to swamp Wall Street's impressive rally next week, as results so far have shown the corporate outlook remains murky and investors worry that better-than-expected results from banks still don't prove the sector is stable.
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New York Times cuts sections to save money

New York Times Co's flagship newspaper plans to eliminate several weekly sections and cut freelance spending to save millions of dollars in annual costs, according to a memo obtained by Reuters.

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