Global Stock Market Crash on Fears of World Recession...
Stock Market News From Yahoo Finance Today:
Stocks tumble despite government crisis moves (Reuters) Reuters - Stock markets across the world plunged on Wednesday as concerns about the worst financial crisis in nearly 80 years and fears of a global recession gripped investors despite government efforts to intervene. Asian stocks plunge on fears of global recession (AP) AP - A meltdown in confidence strangled Asian stock markets Wednesday on accelerating fears that the widening financial crisis could spawn a global recession. Japan's Nikkei plunges 9.4 percent on crisis fears (AP) AP - Japan's stock market plummeted 9.4 percent its biggest one-day drop in 21 years Wednesday as investors rushed for the exits on deepening fears over the global financial crisis. Nikkei dives 9.4 percent, biggest 1-day fall since '87 (Reuters) Reuters - The Nikkei average plunged 9.4 percent on Wednesday, its biggest drop since the 1987 stock market crash, as growing fears of a global recession led investors to wipe $250 billion off the value of Tokyo shares. London stock market dives 7% (AFP) AFP - London's FTSE 100 index of top shares briefly plunged by more than seven percent early on Wednesday after the government announced the part-nationalisation of eight banks and amid a sell-off worldwide. Britain unveils $437 bln bank rescue as markets panic (AFP) AFP - Britain unveiled a 437 billion dollar bank rescue Wednesday as markets around the world bombed over fears that the worst financial crisis in decades has still not been mastered.
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