Market continues to plunge

The stock market trends are getting worst and the fears of prolonged recession has grasped the market. The Asian market continued to show negative trends and U.S. government took a step to allow public investments in banks.

The general motors stocks fell to lowest since 1950 and the chief economist in New York said that he never saw such a panic in market .The global economic policymakers are getting together in Washington to discuss over the economic situation.