global markets

Stock markets around the world closed out 2011 on a positive note for the day but with double-digit declines for the year.

On Wall Street, shares were little changed.

Stocks worldwide rallied on progress in the euro zone debt crisis, pushing the broader market in the United States onto positive ground for the year.

Bottom Line: U.S. stocks were wavering Friday, as growing recession fears continued to weigh on global markets.

Yes, it's nearly a panic. Investors are fyling from risk in global markets, as investors pressured stocks and oil and put a charge in the U.S. dollar after a gloomy outlook by the Federal Reserve renewed fears of a global economic slowdown.

Stocks on Wall Street declined sharply on Wednesday following losses in other global markets in the aftermath of the Fed’s sobering message.

Stocks tanked again Tuesday as many global markets entered official bear market territory after one of the worst days on Wall Street since the collapse of Lehman Brothers in 2008.

Asian stocks nose-dived Monday as the first-ever downgrade of the U.S. government's credit rating jolted the global financial system, reinforcing fears that the world economy is weakening.

More Americans were hired last month than at any time since 2006, evidence that economic growth could pick up momentum later this year.

Stocks in Europe were hit hard after the benchmark index in Tokyo closed down more than 10 percent.

Europe's sovereign debt crisis will still hang over global markets this week, but on Wall Street, investors will not be afraid to bet on stocks.