Reuters - Stocks plummeted for a seventh straight session on Thursday as investors bet recent moves by authorities worldwide to thaw frozen credit markets would not be enough to avert a global recession.
Prudential becomes latest insurer to warn (Reuters)
Stocks plummet; U.S., Netherlands ready bank funds (Reuters)
Reuters - Fear-driven selling sent U.S. stocks plummeting to five-year lows on Thursday, the eve of a G7 meeting of economic powers to try to halt a global spiral of financial distress and slowing growth.
Chevron says upstream curbed, refining stronger (Reuters)
Apparel chains report dismal September sales (AP)
AP - Dismal September sales results from mall-based apparel chains, released Thursday, offered more fresh evidence that American consumers, spooked by the financial meltdown, shut their wallets tight last month.