World stocks slide as US rate cut hopes fade
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World stock markets were roiled Monday by worries that resurgent US inflation would reduce the chances for another Federal Reserve interest rate cut to shield the economy from a credit crunch.
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Stocks fell on Monday as savers demanded their money back from embattled British bank Northern Rock , adding to global credit concerns before an expected U.S. interest rate cut this week.
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Stocks fell on Tuesday after disappointing earnings from Procter & Gamble and U.S. Steel and a Wall Street Journal article that cast doubt on the chances for a Federal Reserve interest rate cut on Wednesday.
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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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Global share prices continue to fall sharply amid fears that a US recession will lead to a global economic slowdown.
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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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Fears of a US slowdown amid mortgage market woes prompt a share slump in Europe and Asia and jitters on Wall Street.
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Fears of a US slowdown and mortgage market woes prompt a share slump in Europe, Asia and Wall Street.
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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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Stock futures fell on Thursday, indicating another drop on Wall Street after renewed worries about the outlook for the financial sector overshadowed a rate cut from the Federal Reserve.
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Bourses slide as the prospects of easier monetary policy fade.
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Wall Street stocks fell sharply on Wednesday after an index of manufacturing contracted last month to its lowest level since April 2003, raising fears that the US economy is slowing more than expected.
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U.S. stock futures slid on Thursday,  pointing to a slightly lower market open, with Wall Street  looking poised for a pull-back, while China's interest rate  hike added concerns that global economic growth may slow.
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European and Asian 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 and European markets slid Monday after signs of accelerating inflation in the U.S. dampened hopes that the U.S. Federal Reserve will cut interest rates further to shore up the struggling American economy.
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Wall Street shares slid at the open Tuesday after a surprisingly weak reading on US service sector activity intensified fears about a recession in the world's biggest economy.
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Investors gave short shrift to hopes of the U.S. Federal Reserve rescuing the world economy with a further interest rate cut on Wednesday and continued to bet on a bad year, selling stocks and the dollar and buying bonds.