debt problems

Poor reports on corporate earnings and American consumer confidence dragged stocks lower. Worries about Europe's debt problems also pulled the market down after three days of gains.

Under global pressure, European leaders are working to intensify their response to the Continent’s debt problems.

Investors will grapple with more turbulence surrounding Europe's deepening debt problems this week and the prospect of another round of dismal data on the faltering U.S. economy.

The European Union will avoid slipping into recession and is doing all it can to tackle the region's debt problems, a top official said Monday.

Wall Street leveled off after renewed turmoil battered Asia and Europe in the face of rising concern over debt problems and the economy.

The U.S. downgrade and European debt problems threatened to feed on each other.

Stock index futures pointed to a higher opening Tuesday on hopes that Greece will get new aid for its debt problems.

Investors grappled with problems on two continents — the sovereign debt problems in Europe and the conflict on the Korean Peninsula.

China's customs agency on Saturday said that exports were up 35 percent in June from a year ago, while imports rose almost 53 percent.

The figures showed the largest monthly trade surplus so far this year, $20 million, despite the debt problems of China's largest trading partner, the European Union.

The Dow climbed back above 10,000 Wednesday after Fed Chairman Ben Bernanke said debt problems in Europe might only amount to a "modest" drag on the U.S. economy.