Global stocks slide deepens in Europe, volatility soars
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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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Turbulence roiled world stock markets again Tuesday, with Asian stocks down for a second day on fears of recession in the US. European stocks fell at the opening but then pared their losses in voaltile trading.
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European shares trimmed earlier losses on Wednesday as investors sought a floor in a global stock slide that saw Wall St record its biggest drop since the September 11, 2001 attacks.
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Markets in Asia and Europe fell again today as investors dumped stocks that had surged in recent weeks.
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European equities extended losses on Tuesday after Wall Street fell heavily at the open following much weaker-than-expected US service sector data.
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Asian share prices were mixed Friday while Europe staged an early rally as some calm returned to global markets following recent volatility which continued overnight on Wall Street.
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European equity markets slumped on Monday as Asian markets were battered by the strengthening yen, which rose to three-month highs against the euro and the dollar as investors dumped risky assets and strategies.
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European stocks, which have performed strongly recently, have fallen back sharply in morning trading, with London banking shares undermined by concern about bad debts and French exporters hit by weakness of the dollar.
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European stocks fell on Tuesday, failing  to follow strong Asian performance while the yen rose as  investors remained nervous over the health of the U.S. economy  after a fallout in U.S. risky mortgages and credit turmoil.
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European stocks hit a new 2-1/2 year  high on Tuesday as a slide in oil prices and a rise in the  dollar fueled confidence in the global economy, but a glum  Christmas report from Woolworths weighed on UK retailers.
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Stocks slid on Friday as investors  sold shares on concerns about increasing risk aversion in  global financial markets.
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Europe's main stock markets performed mixed Friday at the end of a tough week for global equities owing to record-high oil prices that risk fuelling inflation and slowing economic growth.
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Fears that more losses were lurking on the books of European financials sent the sector shuddering lower on Monday and dragged down the wider market.
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European equities endured extreme volatility on Tuesday, extending Monday's losses on concerns over the state of financial sector balance sheets and fears of a US recession.
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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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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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Europe's main stock markets opened lower Wednesday following heavy losses on Wall Street and in Asia on growing concerns the US economy is heading into recession, dealers said.