profit warning

Surging oil prices put pressure on Wall Street

The Dow Jones industrial average sheds 49 points, with transportation and technology sectors particularly hard hit. Wall Street extended its losses Wednesday as a rise in oil prices and a profit warning from United Parcel Service raised investors' anxiety about the well-being of the economy.

Stocks Fall As Oil Jumps; UPS Warns

NEW YORK -- Wall Street extended its losses Wednesday as a rise in oil prices and a profit warning from United Parcel Service Inc. raised investors' anxiety about the well-being of the economy.

Wall St drops on JC Penney's warning, bank worries

NEW YORK (Reuters) - Stocks fell on Friday as a profit warning from J.C. Penney raised concerns about slowing consumer spending while persistent worries about credit-related problems throttled financial stocks.

Wall Street Closes Week Slightly Lower

NEW YORK -- Wall Street finished the week with a decline Friday as the financial health of the consumer came into focus following a report that showed personal spending at its weakest growth in 17 months and a profit warning from J.C. Penney Co. The major indexes turned in a mixed performance for the week.

Wall St drops on JC Penney's warning, bank worries

NEW YORK (Reuters) - Stocks fell on Friday as a profit warning from J.C. Penney raised concerns about slowing consumer spending while persistent worries about credit-related problems throttled financial stocks.

Stocks Slip Amid Credit Worries

NEW YORK -- Stocks fell Thursday after a profit warning from Capital One Financial Corp. but came off their early lows on new data suggesting that the economy might not have been as weak in the fourth quarter as originally thought.

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