Financial Markets Continue Downward Spiral

by Eleanor Beardsley, NPR

After giant sell-offs on the world's stock markets Friday, the downward trend continued Monday in Asia. Japan's Nikkei average slid to its lowest close in 26 years. As the markets opened in Europe, there was a sharp drop in early trading. On Friday, the Dow Jones industrial average fell more than 312 points.

Broadcast Dates

• Morning Edition, October 27, 2008