| Stock Markets News: |
| Stocks tumble for second day; Treasurys surge
(AP)
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AP - Stocks plunged for a second straight day Thursday, falling to levels not seen in at least five years, as financial and energy stocks tumbled while demand for the safety of government debt spiked.
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| World stocks down amid fears of deep recession
(AP)
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AP - World stocks fell sharply Thursday as fears of a deep global recession gripped markets and sent oil prices below $50 a barrel to levels not seen in more than three years.
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| S&P dives to lowest level since 1997
(Reuters)
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Reuters - Stocks plunged yet again on Thursday, as a frantic flight from risk prompted by investors' deepening economic fears drove the benchmark Standard & Poor's 500 index to its lowest level since 1997 -- completing the erasure of more than a decade of stock market gains.
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| World stocks dive as panic spreads
(AFP)
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AFP - Panic spread in global stock markets Thursday as a jump in US jobless figures and fresh job cuts worldwide deepened fears of recession and sent investors fleeing for cover.
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| Wall Street plunges again as panic spreads
(AFP)
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AFP - Wall Street shares plunged Thursday as panicked investors made a frenzied rush out of stocks and into bonds in the face of more weak data and a breakdown in efforts for a bailout for automakers.
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