Global Stocks Plunge as U.S. Crisis Spreads
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Asian stocks fall for a second day, reflecting fears that a weak U.S. economy could derail growth worldwide; futures point to sharp drop on Wall St.
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U.S. stocks tumbled on Tuesday, pushing the benchmark S&P 500 index down in its biggest one-day drop in almost four years, as a sharp sell-off in China's stock market and weak U.S. data fanned concerns about global economic growth.
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Share prices in Asia continue to fall  a day after global stocks tumbled amid fears of a global recession.
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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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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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Stocks opened sharply lower on Wall Street after overseas markets fell over the last two days.
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Wall Street fell sharply Tuesday, joining a global stock decline sparked by growing concerns that the U.S. and Chinese economies are cooling
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Stocks tumbled on Tuesday, sending the benchmark Standard & Poor's 500 index down more than 2 percent, after China's main equity index plunged on concerns that share valuations there had become overextended and economic growth may slow.
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Stock tumbled across the board Tuesday, with the Dow industrials sinking about 500 points at one point. Declining markets in China and Europe helped trigger the massive selloff on Wall Street. The New York Stock Exchange tried to limit declines by imposing trading curbs. The selloff is on the back of a nearly eight-month rally.
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U.S. stock index futures sank in  holiday-shortened trading on Monday as fear of a U.S. recession  gripped investors, indicating Wall Street was likely to join a  global equity markets plunge that may usher in a bear market  when trading resumes on Tuesday.
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World stocks nosedived and demand for safe-haven bonds and currencies soared on Monday as fears gripped investors that a deteriorating U.S. economy would drag others down with it.
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Stocks fell on Thursday in the latest leg of a global equities sell-off as investors' diminishing appetite for risk drove them toward safer assets like bonds.
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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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TOKYO -- Asian stocks plunged Wednesday and European shares opened sharply lower after Wall Street chalked its second-biggest point drop in four years and rattled already nervous markets worldwide.
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Stocks tumbled on Tuesday, sending the benchmark S&P 500 index to its biggest one-day slide in more than 3-1/2 years as China's equity market sell-off fanned worries that stock valuations there are too high and some data indicated U.S. economic growth may slow.
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Stock markets tumbled across Asia on Wednesday and the dollar hit a 2&frac12;-year low against the yen amid heightened fears that the US is falling into a recession.
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A steep sell-off swept through global stock markets on Tuesday as investor confidence was hit by the escalating woes of the US subprime mortgage market and weak US retail sales data.