Asia, Europe markets slide for 2nd week
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European and Asian markets fell again Monday, extending their slide into a second week as investors worried about a possible global slowdown and dumped stocks that had surged in recent weeks. U.S. stocks fell after trying to steady themselves.
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Stock markets took another hit on Wednesday as European equities moved lower, after indices plunged across Asia and in the US.
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While Chinaâs markets rebounded, markets around Asia fell in reaction to the sharp drop on Wall Street and to disappointing figures on the U.S. economy.
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Markets in Asia were down in early trading, a day after stock prices fell in exchanges from Mumbai to Frankfurt.
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Asian and European stock markets headed down again Wednesday after a broad global sell-off the day before that included a more than 3 percent drop in the Dow Jones industrial average and the loss worldwide of an estimated trillion dollars in equity.
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SHANGHAI, Jan. 28--Asian markets fell sharply on Monday, reflecting a deepening worry about exporters dependent on the health of the U.S. economy, and Europe indexes were trading lower as well.
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Europe's main stock markets fell on Tuesday, retracing some of last week's gains after losses overnight on Wall Street and earlier in Asia, dealers said.
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Europe's main stock markets slid in early trading, as Asian stocks plunged amid the worst-ever drop in Bangkok and following losses by Wall Street overnight.
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More bad news out of Asia weighed on investors Monday.
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Shares in Asia fell on Monday, with Japan down around 2.5 percent and Hong Kong down more than 3 percent, as concerns over the health of the U.S. economy returned to haunt stock markets, sending investors to seek safe haven government bonds.
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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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World equities lost steam Wednesday, with European stock markets turning lower despite bumper gains in Asia and after the European Central Bank hinted it was not about to cut eurozone interest rates.
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Stock markets took another hit on Wednesday as European equities ended lower, after indices plunged overnight in Asia and the US.
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European equity markets slumped on Monday as Asian markets were battered by the strengthening yen, which rose to three-month highs against the euro and the dollar as investors dumped risky assets and strategies.
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Shares in Asia fell on Monday, with Japan down around 2.5 percent and Hong Kong down more than 3 percent, as concerns over the health of the U.S. economy returned.
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Asian stocks slumped to a two-week low on Monday, extending a poor start in 2008, after weak U.S. jobs data heightened fears of recession in the region's top export market, while bond prices rose as investors sought safety.
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Markets in Asia and Europe fell again today as investors dumped stocks that had surged in recent weeks.