NEW YORK (AP) — Stocks are plunging in midday trading, extending a rout around the world. Indicators across the financial markets show that investors are worried that the global economy is in for a long slump.

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How to Decide on a Forex Strategy

Finding a forex strategy is not a simple task. It will depend on many different factors that have to be tailored to the individual trader.

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Phil Dow, director of equity strategy for RBC Wealth Management, says Standard & Poor’s move to downgrade its outlook on U.S. debt is the first in a series of these actions that probably will come.

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World markets were higher Monday, buoyed by news over the weekend that Japan was making progress in its battle to control radiation leaks at a nuclear complex that was severely damaged in the country’s worst-ever earthquake.

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The early days of 2010 saw orderly trading, but by late January, volatility had resurfaced amid ongoing concerns about the global financial crisis. After rocky trading in early February, anxiety levels eased a bit through March and April, but then fear again swept through global markets and peaked in late May.

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