Global stocks are battered, but no Black Monday fears

10/23/2007 | Financial Times (free content)

Fears of a U.S. economic slowdown, coupled with continuing concerns over tight credit markets, pushed global equity markets down Monday. U.S. shares rebounded from Friday's sell-off as investors bargain-hunted technology stocks, stemming fears that a rerun of the 1987 Black Monday market crash was in the offing.

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