Recession fears weigh on markets

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Global stock markets have seen mixed trading, with Wall Street showing volatility while European markets fell for a second day running and Tokyo suffered its worst loss in two decades.

Although US stocks climbed on a late rally, news that US industrial output has suffered its worst fall in more than three decades spelled gloom for the wider economy.

The Dow Jones index of leading US shares closed higher by 400 points, or 4.7 per cent, at 8,979 on Thursday.

Guess what is going to happen tomorrow!
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Last edited by numan; 10/17/08 02:48 AM.