Markets plummet as fears return

well, I think the numbers are no real exception. I doubt is a reason for a drop of 600 points.

Markets plummet as fears return

Stock markets see falls of about 5%, and some bank shares plunge 10%, as the negative mood which has caused recent turmoil takes hold again.

Walloped!

1:02PM: Global economic fears send stocks spiraling. 'It's a war zone,' trader says. More

• 'Dangerously close' to a recession

Jobless Claims in U.S. Top Forecast

Existing Home Sales in U.S. Fell in July

Jobless claims climbed by 9,000 to 408,000 in the week ended Aug. 13, the highest in a month, Labor Department figures showed today in Washington. Economists surveyed by Bloomberg News projected a rise in claims to 400,000, according to the median forecast. The number of people on unemployment benefit rolls rose, while those receiving extended payments fell.