Reuters - Stocks plummeted for a seventh straight session on Thursday as investors bet recent moves by authorities worldwide to thaw frozen credit markets would not be enough to avert a global recession.
Reuters - Stocks fell in volatile trading on Wednesday as investors feared that coordinated rate cuts by global central banks, including the Federal Reserve, would fail to unfreeze the credit markets and avert a global recession.
Reuters - Central banks around the world cut interest rates in unison on Wednesday, responding to a worldwide clamor for concerted action to contain the worst financial crisis since the Great Depression.