Wall Street ends sharply lower as consumer pessimism stokes recession fears

Wall Street stumbles as consumer pessimism stokes growth fears

Wall Street closed sharply lower in a broad sell-off on Tuesday as dire consumer confidence data dampened investor optimism and fueled worries over recession and the looming earnings season.

Wall Street stumbles as consumer pessimism stokes growth fears

"Markets were fine today until the consumer confidence number came out," said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia. "It was weak and markets immediately began selling off."

Dow falls nearly 500 points as bear market bounce loses steam

Investors are still searching for a market bottom and hoping last week’s rally holds, but there doesn’t appear to be a clear catalyst for a strong rebound.

Stocks Finish Lower After Weak Consumer-Confidence Reading

U.S. stocks slumped, with the Dow industrials dropping 491 points, falling for a second straight day as investors parsed economic figures for clues about the pace of monetary-policy tightening.

Dow falls nearly 500 points as bear-market bounce loses steam

U.S. stocks fell on Tuesday, erasing earlier gains as the market failed to keep its rebound from the bear-market lows going.

Dow Dips Over 400 Points; Crude Oil Rises 2%

U.S. stocks turned sharply lower toward the end of trading, with the Dow Jones dropping more than 400 points on Tuesday.