Wall Street fell for a third straight session today as fresh signs of a housing slump triggered concerns that the economy is slowing too fast and could erode corporate profits.

A Federal Reserve official’s warning about a possible resumption of interest rate hikes unnerved Wall Street today, wiping out an early advance and leaving stocks narrowly higher by the close.

Wall Street closed moderately lower today after worries about the impact of high oil prices on the economy triggered a late-day drop, erasing an earlier moderate advance.

Wall Street slid lower today, with inflation concerns and a disappointing earnings report from media conglomerate Viacom prompting investors to collect profits. A drop in oil prices failed to mitigate the losses.

Stocks extended their losses into a second day today after a cautious outlook from home builder Toll Brothers Inc. and a surge in energy prices rattled investors.

US stocks sank amid increasing pessimism on Wall Street today, shedding early gains after oil prices reached another record high and a mix of data provided conflicting views on the economy.

The London market ended the day just shy of the key 5000 level after takeover talk surrounding Whitbread buoyed spirits.

US stocks regained ground today as the market’s cautious optimism was restored by government data showing only modest inflation, better-than-expected corporate earnings, announcements of two merger deals and the report of a third.

Wall Street retreated modestly in a day of light trading today, with the market in search of a direction following the Dow Jones industrials’ brief foray above 10,000.