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Stocks Plunge in U.S., Asia, Europe

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Stocks Plunge in U.S., Asia, Europe

Business

Stocks Plunge in U.S., Asia, Europe

Stocks Plunge in U.S., Asia, Europe

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  • <iframe src="https://www.npr.org/player/embed/91955594/91955564" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Asian and European stock markets were down Friday as investors overseas were shaken by a jump in oil prices and a plunge in U.S. stock prices. Citigroup and GM stocks plummeted. But one stock price that rose was that of beer maker Anheuser-Busch.

ARI SHAPIRO, host:

NPR's business news starts with big jitters on Wall Street.

(Soundbite of music)

Asian stock markets are down today. Investors there are shaken by the plunge in U.S. stock prices. The Dow Industrial Average fell more than 350 points yesterday. That's three percent. It's now down nearly 20 percent from its peak.

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