Asian and European Stocks Continue Decline
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On Wall Street, markets opened lower but then stabilized.
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Asian shares fell as subprime loan problems in the United States and soft economic data provoked international fear.
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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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Global share prices continue to fall sharply amid fears that a US recession will lead to a global economic slowdown.
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European equities fell on Tuesday after losses in US and Asian stock markets, prompted by renewed fears of credit market weakness.
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European and Asian markets fell again Monday, extending their slide into a second week as investors worried about a possible global slowdown and dumped stocks that had surged in recent weeks. U.S. stocks fell after trying to steady themselves.
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Fears about the possibility of a recession in the US economy send Asian shares falling.
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Asian stocks, which have been jittery this year at any ill omen from the U.S. market, are likely to take note on Monday of Wall Street's latest fall, while investors continue to keep an eye out for bargains.
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Asian and European stock markets headed down again Wednesday after a broad global sell-off the day before that included a more than 3 percent drop in the Dow Jones industrial average and the loss worldwide of an estimated trillion dollars in equity.
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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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European equities fell on Tuesday as technology stocks tracked their US and Asian counterparts lower after a number of downgrades, while energy companies were hit by falling oil prices.
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TOKYO -- Markets in Asia and Europe fell again Monday, extending their slide into a second week as investors worried about a possible global slowdown dumped stocks that had surged in recent weeks.
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Stocks in Asia resumed their decline  on Monday, led by banks like Japan's Mizuho, while the dollar  hovered near a 3-year low against the yen after a proposed U.S.  stimulus package did little to soothe fears the world's top  economy will tip into a recession.
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The Asian and European markets are down Monday following declines on Wall Street last week.
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World equities lost steam Wednesday, with European stock markets turning lower despite bumper gains in Asia and after the European Central Bank hinted it was not about to cut eurozone interest rates.
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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.
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Asian markets plunged Wednesday after a steep drop on Wall Street overnight fanned investors' fears the U.S. economy was sliding into a recession