US stocks tumbled today after the Labour Department said hiring remains weak and Hungary became the latest European country to report its economy is in crisis.

Wall Street advanced in uneven trading today after a drop in oil prices and an unexpected gain in new home sales encouraged investors to put money back into the market.

Wall Street rallied today after better-than-expected quarterly results from JPMorgan Chase and two other Dow Jones industrials raised investors' hopes that companies and the economy are indeed recovering from the protracted global credit crisis.

Wall Street plunged today, driving the Dow Jones industrials down 370 points after investors saw an unexpected contraction in the service sector as evidence the economy is sinking into recession.