2008-01-21 Stocks Plunge Worldwide on Fears of a U.S. Recession

2008-01-21 \US economy\Global economy http://www.nytimes.com/2008/01/21/business/22stox-web.html Stocks Plunge Worldwide on Fears of a U.S. Recession &ldquo;Fears that the United States is in a recession reverberated around the world on Monday, sending stock markets from Frankfurt to Bombay into a tailspin and puncturing the hopes of many investors that Europe and Asia will be able to sidestep an American downturn.&rdquo;   