Stock market woes continue as Greece admits it won't meet deficit targets. European stocks fall, along with US stock market futures.
Global markets reflect worry about rising interest rates for eurozone's weakest nations and possibility of a US recession. Among global markets to tumble most: Germany, down 5.3 percent and France, down 4.7 percent.
European stocks shrug off local debt woes, while traders look forward to Bernanke speech. But European stocks are expected to remain volatile.
Debt limit deal causes jump for stocks in Asia and stock futures in US. But big cuts from second step of debt limit plan would be needed for a durable rally.
Debt problems in US, Europe don't stop investors from buying up stocks. But analysts warn debt woes remain markets' primary concern.
Stock prices slide more than 1 percent in Japan, South Korea, and Hong Kong. Investors expect stock prices to go lower, analyst says.
Concerns about rebuilding costs and radiation push Japan's Nikkei down 1.7 percent. But stocks in Europe edge up and US futures point to stronger open.
Japan's stock market index surges 4.4 percent as outlook for Japanese nuclear plant improves. Other stock markets in Asia, Europe little changed
Stock market news is downbeat as traders, investors worldwide worry about rising oil prices, slowing growth.
Stock market in Britain, Germany are down, while futures point to dip at open of US stock market.