Slowdown concerns hit equity markets
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Global stock markets suffered a fresh bout of turbulence on Monday as concerns about a slowdown in the US economy and the fallout from the credit squeeze continued to unnerve investors.
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Financial markets endured another nervous session on Monday as investors continued to fret about the outlook for the US economy.
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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.
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London equities tracked Wall Street sharply lower on Tuesday as growing concerns about the health of the US subprime lending sector harried the financials sector and resurrected fears of a wider slowdown.
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European equity markets were volatile on Wednesday in the face of deepening US recession fears, which dragged Wall Street and Asian indices sharply lower.
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Equities fall as Europe fears a wider economic slump.
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Employers cut jobs for the first time in four years last month, the government reported yesterday, driving stock prices down in the United States and Europe and raising fears the slowdown in the housing and credit markets brought on by the crisis in subprime mortgages is spreading across the economy.
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U.S. stocks ended down on Wednesday, pressured by growing concerns about troubles in the subprime mortgage market and a warning from the Federal Reserve chairman about housing weakness.
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Wall Street may be on the defensive   this week if reports on housing and growth suggest the United   States economy is headed for an acute slowdown.
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European equities struggled in the face of weakening global stock markets on Tuesday, as losses in Asia followed comments about a possible US recession from former Federal Reserve chairman Alan Greenspan.
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Wall Street lost momentum from last weekâs gains after news of declining existing home sales stirred concerns about the strength of the economy.
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Stocks opened the week in grim fashion in Asia and Europe, falling heavily amid worries about banking sector debts and a slowdown in the U.S. economy. Wall Street was modestly lower.
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Stocks were little changed on Monday as a tumble in Chinese shares made investors cautious, but a pause in rising yields in the bond market offered some relief to the equity market.
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Global stock markets saw dizzying declines Tuesday as a drop in US consumer confidence suggested slow growth ahead and Federal Reserve comments hinted at deeper-than-expected housing market woes.
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European equity markets were choppy in the face of deepening US recession fears, with banking stocks providing the biggest drag.
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The stock market plunged as investors were hit by fresh worries over declining consumer confidence, falling house prices, shrinking profits and uncertainty.
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Business & money: Share price plunges after disappointing profits raising fears over America's economic slowdown