TXA 21's Top Stories

World Markets Extend Rout On Recession Fears

Source: Toru Yamanaka/AFP/Getty Images

World stock markets tumbled Thursday, with benchmarks in Tokyo and Seoul losing almost 7 percent each, after recession fears sent Wall Street plunging and Japan suffered its biggest drop in exports in seven years.

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• Timeline: U.S. Credit Crunch & Financial Failures
• View Market Summaries & Leading Stock Changes

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• Senate Cancels Vote On Doomed Auto Bailout 
• Jobless Claims Jump Unexpectedly To 16-Year High 
• Stocks Point Lower On Economic Worries 
• Front To Bring Cooler Temps By Lunchtime 
• More Local NewsMore U.S. and World News

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