Equity markets tumble following Asia sell-off
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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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Growing fears of a US recession and increased worries about the outlook for the financial sector triggered a rout in Asian and European equity markets on Monday. Many indices suffered their biggest one-day declines since September 2001.
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Asian shares slide after US jobs data raises fears about a possible recession.
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London equities tumbled in opening trade on Monday, as steep losses on major Asian exchanges overnight were enough to scotch hopes of a recovery after last week's steep falls.
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U.S. stocks plunged on Tuesday, joining a global equities rout sparked by the biggest one-day drop in Chinese stocks in a decade.
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Asian and European stock markets plunged Monday following declines on Wall Street last week amid investor pessimism over the US government's stimulus plan to prevent a recession
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Asian stock markets closed mixed Monday, with the key indexes dipping both in Hong Kong and Singapore. Japanese financial markets were closed for a national holiday.
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Asian stocks slid on Monday on gloomy  U.S. jobs data, bleak earnings prospects at tech firms and high  oil prices, while the Australian dollar hit a six-month peak  after the coalition government was swept back to power.
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European stock markets suffered a major sell-off, posting losses of between three and five percent mid-day Monday following sharp falls on Asian markets rattled by fears of recession in the United States.
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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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Stock markets around the world plummeted today in a wave of selling set off by a plunge in China.
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European equities sank on Monday, tracking sharp losses across Asia, after financial stocks with expected exposure to the bond insurance market were stung.
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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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Share prices in Asia continue to fall  a day after global stocks tumbled amid fears of a global recession.
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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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Asian stocks slid on Monday as investors fretted over high oil prices and bleak earnings prospects at technology firms, while Australian markets cheered a resounding election win for Prime Minister John Howard.
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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.