AP - Wall Street sank Wednesday for the second straight day on renewed concerns about the financial sector and FedEx Corp.'s warning that weakening demand and surging fuel costs would weigh on its profits in the coming year.

AFP - Indian shares closed 1.75 percent lower on Wednesday, as investors locked in gains after US stocks fell on persistent inflation and housing data concerns, dealers said.

AFP - European equities fell Wednesday after sharp overnight US losses as sentiment was also hit by a report that a Royal Bank of Scotland analyst had warned of a global market crash.

Reuters - Stocks dropped sharply on Wednesday, with the Dow slipping below 12,000 for the first time since March 18, when the market was reeling from the collapse of Bear Stearns.

AP - The Dow Jones industrial average has fallen below the 12,000 mark for the first time since March.

Reuters - Stocks fell on Tuesday after a major brokerage warned that U.S. banks would have to raise as much as $65 billion in capital to shore up balance sheets weakened by the mortgage crisis.

AP - Stocks tumbled Tuesday as a troubling reading on wholesale inflation underscored the drag of high energy prices on the economy. Investors, also growing anxious again about banks' credit woes, sent the Dow Jones industrial average down more than 100 points.

Reuters - U.S. technology stocks rose on Monday for the third straight session, fueled by optimism about sales for Research in Motion's BlackBerry and Apple's new iPhone.

AFP - European equity prices shot higher on Tuesday as oil prices retreated, helping to offset market concerns about soaring inflation and sliding investor confidence, traders said.

AFP - London's FTSE 100 index shot higher on Tuesday as oil prices retreated, helping to offset market concerns about soaring inflation, traders said.