Markets panic as world leaders try to restore confidence

Published: 9/08/2011 at 04:32 PM Online news: World Efforts by global leaders to restore confidence failed to do the trick Tuesday as markets hit new lows in a massive sell-off driven by fears of a new recession. A trader reacts to down market on the floor of the New York Stock Exchange. Efforts by US President Barack Obama and other global leaders to restore confidence failed to do the trick as markets hit new lows in a massive sell-off driven by fears of a new recession. Thai stocks slumped 35.65 points on Tuesday. The...

Read more »

European shares plunge in volatile trading

Continue reading the main story Market DataLAST UPDATED AT 12:56 GMT Dow Jones10809.85Down-634.76-5.55% Nasdaq2357.69Down-174.72-6.90% FTSE 1005072.80Up3.850.08% Dax5824.15Down-99.12-1.67% Cac 403135.89Up10.700.34% BBC Global 305033.96Down-11.38-0.23% Marketwatch tickerDATA DELAYED BY 15 MINSContinue reading the main storyGlobal EconomyFactors behind market turmoil What it means for you Charting Europe's economic woes Is the euro crumbling?Watch European share values have seen more dramatic falls, following similar sell-offs in the US and Asia.But in a volatile morning's trading, indexes like London's FTSE 100, that had fallen up to 5.5%, were...

Read more »