Yahoo! News :: Business

European, Asian markets plunge on crisis fears (AP)

<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20081006/ap_on_bi_ge/world_markets"><img src="http://d.yimg.com/us.yimg.com/p/ap/20081006/capt.20d895e43dbc441687642d51d71a1c7a.hong_kong_markets_xvy107.jpg?x=130&y=95&q=85&sig=TeYFtQL0erubEIHxM1JvZA--" align="left" height="95" width="130" alt="An investor reacts as he watches a display showing stock prices at a brokerage firm in Hong Kong Monday, Oct. 6, 2008. Hong Kong's benchmark index tumbled in early trade Monday as rescue plans by the U.S. and Europe to bailout the financial sector failed to lift investors' sentiments. At midday, the blue chip Hang Seng Index dropped 592.83 points, or 3.35 percent, to 17,089.57.(AP Photo/Vincent Yu)" border="0" /></a>AP - Asian and European stock markets plunged Monday as government bank bailouts in the U.S. and Europe failed to alleviate fears that the global financial crisis would depress world economic growth.</p><br clear="all"/>