The Stock Market: The Stock Market Crash in the Stock Market

Watching the broader oil sector, the NYSE Arca Oil Index XX:XOI -0.23% shed 0.2% to end at 1,148.91 points. Year to date, it’s down 5.3%. The Philadelphia Oil Service Sector Index OSX -0.87% lost 0.9% to 237.20 points, closing 13% lower week to date. New Hub: Jobless rate ticks down On the heels of a [...]

US stock index futures pointed to a slightly lower open on Wall Street on Friday following a traumatic day across global stock markets as investors sold off over fears the European debt crisis was spreading to Spain and Italy and economic data out of the US pointed to a slowdown in growth in the world’s [...]

Stocks ended on a sour note Friday, wrapping up a fifth straight week of losses after unexpectedly tepid growth in the number of new jobs heightened concerns the economic rebound is losing steam.U.S. payrolls grew just 54,000 last month, the smallest amount in eight months. The results were well below projections – even after analysts lowered [...]

The humiliation of a credit rating downgrade for the U.S. would exact some psychological damage but is widely viewed as less likely to cause any actual carnage on interest rates. Few fixed-income experts are looking for a major surge in rates even if Standard & Poor’s follows through on its threats to cut the US [...]

US stock markets have suffered their worst week on record following another torrid day of trading despite growing hopes that the government could step in to guarantee bank deposits and lending between financial institutions. The Dow Jones fell 456.3 to 8122.2 leading to a 21pc fall over the week after the index on Thursday suffered [...]

US stock markets have suffered their worst week on record following another torrid day of trading despite growing hopes that the government could step in to guarantee bank deposits and lending between financial institutions.

The Dow Jones Industrial Average capped the worst week in its 112-year history with its most volatile day ever, as hopes for a major international bank-rescue plan were overwhelmed at day’s end by another wave of selling. Some investors who normally would be jumping to buy beaten-down stocks after a 22% drop over eight trading [...]