World stocks tumble on US fears
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Fears of a US slowdown and mortgage market woes prompt a share slump in Europe, Asia and Wall Street.
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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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European and Asian stock markets suffered further heavy falls on Monday as worries about a US recession continued to erode investor confidence.
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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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Global share prices continue to fall sharply amid fears that a US recession will lead to a global economic slowdown.
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U.S. stocks dropped on Thursday, led by financial shares' losses after an analyst warned of larger write-offs in the sector, while an assassination in Pakistan sparked fears of global instability.
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U.S. stocks tumbled on Tuesday, driving the Dow Jones industrial average down in its worst slide since the aftermath of the September 11 attacks, as a sell-off in China's stock market raised concerns that equity valuations may be too high.
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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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Wall Street stocks fell sharply on Friday after weak employment data raised fears that the US economy could tip into recession, capping a torrid start to 2008 for US equities.
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Wall Street shares slid at the open Tuesday after a surprisingly weak reading on US service sector activity intensified fears about a recession in the world's biggest economy.
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Global stocks tumbled on Wednesday on fears of financial contagion spreading from troubled U.S. subprime lenders, while safe-haven government bonds and the yen firmed as risk appetite faded.
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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
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U.S. stocks slid on Monday as a worldwide flight from riskier assets moved into a second week, fed in part by heightened concerns about the flagging health of the subprime mortgage market.
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Stocks tumbled on Tuesday, sending the benchmark Standard & Poor's 500 index down more than 2 percent, after China's main equity index plunged on concerns that share valuations there had become overextended and economic growth may slow.
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Wall Street stocks fell on Tuesday sterday as concerns about the US consumer and worries about the health of financial companies weighed on equities.
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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 amid mortgage market woes prompt a share slump in Europe and Asia and jitters on Wall Street.