Stocks Continue To Crash Around The World

October 27, 2008 7:32 AM EDT
Stocks around the world are under pressure again today, and U.S. futures are indicating a lower open, on continued fears the unprecedented global efforts to revive the financial system won't head-off a global recession.

Asian markets were under extreme pressure. The Hang Seng is down 13%, the Nikkei 225 is down 7%, the Shanghai Composite is down 6%.

European markets are also under pressure with the DAX 4%, the CAC 40 down 5% and the FTSE 100 down 4%.

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