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Wall Street has ended another highly volatile session with a big last-minute loss as the market's stubborn worries about a protracted economic downturn and tight credit erased budding optimism about a housing sector recovery.hr noshade size=1 width=50%>
Three of the largest British banks have announced plans to take up to 37 billion pounds (US$63 billion) of government money to boost their balance sheets.
LONDON (AP) - European governments struggled to find a coordinated response to the crisis sweeping financial markets Monday, as one country after another announced sweeping deposit guarantees on their own to try and shore up their banks. Stock markets plunged.