Showing posts with label Wall Street. Show all posts
Showing posts with label Wall Street. Show all posts

Tuesday, September 23, 2014

Wall Street Retreats, as China’s Weakening Growth Pulls Shares and Oil Lower

(Published in the Wall Street Journal) 
Worries about the outlook for growth in China and a slide in the price of oil pushed the stock market to its biggest loss in almost seven weeks on Monday.

Investors are nervous about China after a run of soft economic data that suggested growth there, the No. 2 economy after the United States, was slowing. The worries about China helped push down the price of oil, and that in turn weighed on energy stocks.

Tuesday, September 6, 2011

Wall St falls on euro zone debt fears

By Edward Krudy
NEW YORK | Tue Sep 6, 2011 2:07pm EDT
(Reuters) - Wall Street stocks tumbled for a third session on Tuesday on rising concerns about the euro zone's debt crisis and the outlook for the global economy.
Major U.S. banks were among the biggest decliners, with the KBW Bank index off nearly 2 percent on fears that lenders face a growing list of mortgage-related lawsuits.
Late on Friday, the Federal Housing Finance Agency sued 17 large U.S. banks over subprime mortgage-backed bonds.