Economy woes batter global stocks
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Persistent fears about the world economy battered global stocks again on Monday and drove investors towards safer assets despite expectations of more interest cuts from the Federal Reserve to bolster growth.
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SHANGHAI, JAN. 22 -- Stocks across Asia took precipitous falls Tuesday for the second day in a row, reflecting fears that a weak U.S. economy could derail growth worldwide.
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Wall StreetÂs growing pessimism about the economy sent stocks down for a second straight day.
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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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Stock markets across Asia plunged even farther and faster on Tuesday than they had on Monday, as anxious sellers worried that an economic slowdown in the U.S. could drag down growth around the world.
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A worsening outlook for the world economy drove global stock markets sharply lower on Tuesday and intensified speculation about an emergency US interest rate cut by the Federal Reserve.
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European stocks sank again on Friday after a sharp round of losses earlier in Asia and overnight in New York, as fears mounted that the global economy could face higher interest rates, dealers said.
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Rising oil prices and continued weakness in the US dollar pushed stocks lower Monday as investors grew increasingly uneasy about the economy.
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A rocky day for global stocks ended Monday with a rebound on Wall Street as US investors shook off concerns over the economic outlook and some of the speculative fever came out of oil and currency markets.
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Stocks fell on Monday as investors fretted about the U.S. economy's health and fears about a global slowdown mounted.
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NEW YORK  Wall Street stocks plunged at the open, extending a global rout as panic reached new heights despite the Federal Reserve's biggest emergency interest rate cut in more than two decades.
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Fears about the possibility of a recession in the US economy send Asian shares falling.
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Amid growing recession fears, itâs only natural that U.S. investors are a little spooked.  But how do you explain that foreign stocks are off to an even worse start in 2008?
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NEW YORK A lackluster report on US gross domestic product sent stocks lower Friday as Wall Street worried that a lack of jobs and high energy prices were holding back economic growth.
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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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Europe&#39;s main stock markets fell Thursday, with global investors rattled after former US Federal Reserve chairman Alan Greenspan warned of a possible &quot;dramatic contraction&quot; in Chinese share prices.
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Markets in Asia and Europe fell again today as investors dumped stocks that had surged in recent weeks.