Stocks Plunge in Europe and Asia on U.S. Recession Fear
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Indexes in Europe fell as much as 7 percent after a huge sell-off in Asia as concerns increased that the turmoil in the  United States mortgage markets is spreading.
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Stock markets around the world fell today over lingering fears over a tight credit market, with sharp declines in Asia and Europe and modest losses on Wall Street.
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Stock markets tumbled across Asia on Wednesday and the dollar hit a 2&frac12;-year low against the yen amid heightened fears that the US is falling into a recession.
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World stocks fell sharply on Monday,  battered by fears of U.S. recession and investor disappointment  about a fiscal rescue plan promoted by the U.S. administration.
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Financial markets around  the world were in freefall Monday, signaling a looming global  recession, led by an economic decline in the U.S., and the  return of a bear market in major territories.
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SINGAPORE, Feb. 6 -- Stock markets across Asia plunged on fears that a U.S. recession will cut demand for exports.
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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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Fears of a US slowdown prompt a share slump in Europe and Asia and jitters on Wall Street.
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Stocks tumbled on Tuesday following recession worries that sparked a global equities sell-off, but the market regained some ground amid optimism over a surprise interest-rate cut by the Federal Reserve.
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European stock markets closed very sharply lower Monday, with losses of more than five percent in many centres as investors sold off on concerns the US economy will fall into recession.
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U.S. stocks tumbled on Tuesday, pushing the benchmark S&P 500 index down in its biggest one-day drop in almost four years, as a sharp sell-off in China's stock market and weak U.S. data fanned concerns about global economic growth.
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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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U.S. stock index futures sank in  holiday-shortened trading on Monday as fear of a U.S. recession  gripped investors, indicating Wall Street was likely to join a  global equity markets plunge that may usher in a bear market  when trading resumes on Tuesday.
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TOKYO -- Asian stocks plunged Wednesday and European shares opened sharply lower after Wall Street chalked its second-biggest point drop in four years and rattled already nervous markets worldwide.
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European equities sank on Monday, tracking sharp losses across Asia, after financial stocks seen as being exposed to the bond insurance market were stung.
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Wall Street fell sharply Tuesday, joining a global stock decline sparked by growing concerns that the U.S. and Chinese economies are cooling
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European and Asian stock markets fell heavily on Thursday, even after Wall Street had ended higher as major central banks sought to soothe a global credit squeeze caused by the US home-loan collapse.