Stocks closed lower Monday, the third day in a row, amid signs that the financial services sector could see more writedowns and concern that upcoming economic reports will point to recession.
Pound falls again against dollar
Sterling's losses mount as the currency hits its lowest in six years against the dollar on fears of a deep recession.
Stocks hurt by retailers
Stocks fell Wednesday morning as a fresh bout of weakness from major retailers stoked fears that anemic consumer spending will push the economy into...
Oil falls to below $60 a barrel
The price of Brent crude oil falls below $60 a barrel for the first time in 20 months, amid fears of a recession in the US.
European markets fall on opening
Major stock markets in European fall on Wednesday after weak company results in the US renew fears of a recession there.
Shares struggle on Asian markets
Major stock markets in Asia fall on Wednesday after weak company results in the US renew fears of a recession there.
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