Global Markets: Data, Fed Dent Stocks
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The euro sank to a near-three week low  against the dollar and stocks eased on Wednesday after data  showed sluggish growth in euro zone services.
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Steep losses in global stock markets  accelerated in Asia and Europe on Wednesday as Wall St recorded  its biggest drop since the September 11, 2001 attacks on the  United States and as volatility measures skyrocketed.
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Europe&#39;s main stock markets fell Thursday, with global investors rattled after former US Federal Reserve chairman Alan Greenspan warned of a possible &quot;dramatic contraction&quot; in Chinese share prices.
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Stocks tumbled on Tuesday following recession worries that sparked a global equities sell-off, but the market regained some ground amid optimism over a surprise interest-rate cut by the Federal Reserve.
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Stocks added to losses on Wednesday after the Federal Reserve's Beige Book summary of economic conditions suggested continued strength in the economy, reducing expectations for an interest rate cut.
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Recession worries pushed stocks lower on Tuesday, but the decline was shallower than feared at first as an emergency interest-rate cut by the Federal Reserve helped ease investor fears and stabilize global markets.
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US stocks failed to emulate solid gains across global markets as investors focused on worries about tight conditions in the money markets.
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Stock markets in Asia, Europe and the United States spiralled lower on Monday, compounding last week's sharp losses, driven by weak investor confidence and warnings of a strong correction.
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World stocks pared losses further on Tuesday while safe-haven government bonds retreated from early highs after a surprise inter-meeting 75 basis point interest rate cut by the U.S. Federal Reserve.
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After suffering its steepest drop in nearly four years, the stock market showed some tentative signs of recovery today. Global markets continued to feel the fallout from Tuesdayâs global dive.
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Worries about the world-leading U.S. economy and fears over bank credit rippled across financial markets on Monday, sending stocks sharply lower and dragging the dollar to a record low against the euro.
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Global market turmoil extended into a second week as European and Asian markets tumbled Monday in the wake of Wall Street's drop on Friday amid persistent worries about a possible U.S. Â and worldwide Â economic slowdown.
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Stocks tumbled across Asia as panicky investors feared a U.S. recession could derail global economic growth, and a sharp drop in U.S. stock index futures pointed to heavy selling in New York later on Tuesday.
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Turbulence roiled world stock markets again Tuesday, with Asian stocks down for a second day on fears of recession in the US
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Stocks fell on Monday as investors fretted about the U.S. economy's health and fears about a global slowdown mounted.
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European stock markets suffered sharp losses on Wednesday, tracking a fall on Wall Street after the Federal Reserve rekindled interest rate worries, while a disappointing trading update from British fashion retailer Next slammed retailers.
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Wall Street opened lower this morning as renewed signs of inflation and another down day on the Asian and European markets shook investors still wary after Tuesday's broad global sell-off of stocks.