Talk:2008-01-21 Stocks Plunge Worldwide on Fears of a U.S. Recession
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Stocks fell steeply in Europe on Monday after sharp overnight declines in Asia, reacting to fears that an American recession was unavoidable and would crimp global growth. The DAX index in Germany closed off 7.16 percent and the CAC 40 in France lost 6.83 percent. British stocks fared slightly less badly; the FTSE 100 lost 5.48 percent. United States financial markets are closed today; Canadian and Mexican stocks were off sharply at midday.
Article also published on 2008-01-22 under the headline World Markets Plunge on Fears of U.S. Slowdown