Asian Stocks Plunge on Fears Over U.S. Economy
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Most markets in Asia fell by between 2 and 3 percent today as Wall Street was steady after yesterdayâs losses.
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Renewed concerns about the health of the American economy sent Asian stocks sharply lower in early trading today.
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Asian share markets on Wednesday  tracked heavy losses on Wall Street on fears about an  intensifying crisis in U.S. mortgage lending, spooking  investors nursing losses from a sharp sell-off two weeks ago.
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European and Asian stock markets saw further heavy falls on Monday as worries about a US recession continued to erode investor confidence.
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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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Asian stocks slumped to a two-week low on Monday, extending a weak start to 2008, while the dollar hovered near multi-week lows after weak U.S. jobs data heightened fears of recession in the region's top export market.
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The volatility triggered by the mortgage meltdown in the United States further plagued stock markets today, prompting a drop of all major indices in Asia.
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Major Asian stock markets fell as much as 8 percent 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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Stocks dropped sharply on Thursday as data showing a plunge in regional factory activity and news of a hefty loss by brokerage Merrill Lynch fanned worries about the economy.
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Stocks tumbled on Tuesday after a weaker-than-expected economic report and a sharp fall in China's main stock index unnerved investors after two consecutive days of Wall Street losses.
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Asian stock markets ended mostly weaker Monday, hit by heavy losses on Wall Street after a surprise drop in US payrolls sparked fears the world&#39;s largest economy may be heading for recession, dealers said.
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Stock markets across Asia plunged even farther and faster on Tuesday than they had on Monday, as anxious sellers worried that an economic slowdown in the U.S. could drag down growth around the world.
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Technology stocks led Asian share  markets lower Friday after a retreat by their U.S. peers, with  investors cautious amid record-breaking oil prices and ahead of  U.S. jobs data later in the day.
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Asian and European markets slid Monday after signs of accelerating inflation in the U.S. dampened hopes that the Federal Reserve will cut interest rates further to shore up the struggling American economy.
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Asian stocks fell sharply on Wednesday, led by Tokyo, following overnight sell-offs on Wall Street amid growing concerns about the subprime mortgage market.
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U.S. stocks fell on Friday on signs   the economy may be slowing more sharply than previously   thought, threatening corporate profits, including those of   large industrial companies.
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Stock markets fell sharply across most of Asia again today and continued declining in Europe, as investors worried about the drop on Tuesday in American stock indices and a Commerce Department report.