THE London market ended lower for the fifth session in a row yesterday, after a slide on Wall Street dented confidence.

Wall Street retreated for a fifth straight day today as investors dumped stocks on worries that disappointing retail sales and United Airlines’ threat of bankruptcy would curtail corporate profits.

The London market ended lower for the fifth session in a row today, after a slide on Wall Street dented confidence.

THE Dow Jones industrial average headed toward its eighth straight weekly win amid lacklustre trading yesterday, while other US indices also looked set to record second consecutive monthly gains.

War concerns and a weak Wal-Mart outlook led to falls on Wall Street on Monday.

United Airlines said it established a plan to cut wages for management and salaried workers by $1.3bn (€1.29bn) over a five-and-a-half-year period under its financial recovery program.

Blue chip stocks extended their rally to a second session in New York today, but tech stocks slipped when investors sold shares to lock in profits.

Wall Street stalled today as investors took profits from last week’s big rally and considered the possibility that the Federal Reserve might not cut interest rates after all.

Share prices were lower in early trade, after stronger than-expected inflation and labor data intensified the market's concerns that the Federal Reserve is poised to raise rates soon, dealers said.

Concerns over a widening congressional investigation of Enron further soured the mood on Wall Street today and sent stocks tumbling.

United Airlines chief executive James Goodwin has resigned.

A disappointing assessment of the US economy and news that anthrax has been found on Capitol Hill depressed Wall Street last night.