Global Sell-Off Hits Wall Street
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U.S. investors follow the world's lead despite a hefty rate cut from the Fed.
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U.S. stocks slipped on Thursday in the latest leg of a global equities sell-off as investors' diminishing appetite for risk drove them to safer assets like bonds.
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Investors look for deals following Friday's sell-off.
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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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Persistent fears about the world economy battered global stocks again Monday. Stocks in Europe and Asia saw sharp drops with Japanâs Nikkei closing down nearly 4 percent.
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Global stock markets  tumble amid growing fears of a recession in the US, and are heading for big losses.
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Wall Street yesterday experienced its biggest one-day sell-off since the terrorist attacks of 2001, sparked by an overnight plunge in Chinese and other Asian markets and fueled during the day by rising oil prices and new evidence of weakening US economy.
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European equity markets erased the gains made this year as the global sell-off continued with major stock indices falling sharply across Asia and the US.
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Wall Street opened lower this morning as renewed signs of inflation and another down day on the Asian and European markets shook investors still wary after Tuesday's broad global sell-off of stocks.
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Indian share prices tumbled 7.37 percent in early afternoon trade Tuesday amid a global selloff on fears of a United States recession, dealers said.
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Tumbling global equity markets prompted millions of American investors to switch stock funds for bond portfolios, but financial advisers are urging them to stop hasty sales that might just make a bad situation worse.
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The steep sell-off swept in global stock markets continued on Wednesday as Asian equities followed US markets lower, led by Tokyo, where the benchmark Nikkei 225 average tumbled nearly 3 per cent to close 501.95 lower at 16,7676.89.
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Stock index futures sank on Tuesday as fear of a recession gripped investors, suggesting Wall Street will join a global equities plunge that could usher in a bear market.
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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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Monday's global sell-off of stocks brings equity markets in line with the gloom that has pervaded credit markets for months.
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Wall Street braced for an opening sell-off as the international stock market continued its retreat today. The Nasdaq and S&amp;P futures are sharply lower. Tokyo's Nikkei is down more than 3.3 percent. The Shanghai Composite index, which sparked the sell-off in U.S. markets last Tuesday, fell 1.6 percent.
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European equities fell on Monday following a heavy sell-off on Wall Street before the weekend, and as dealers digested the London Stock Exchange&#39;s takeover bid for Borsa Italiana.