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A global stock market rout.

Futures for tomorrow's Wall Street Opening:

S&P 500 futures were down 52 points…

Dow Jones industrial average futures dropped 403 points, and Nasdaq 100 futures slid 63.75 points.

If those predicted losses follow through, we can say goodbye to the bull market, and hello to the bear. (The Russell 2000 index is already there).

As Dad's Army's Corporal Jones would say:

DON'T PANIC! DON'T PANIC!!

A few headlines from later in the day:

Crash! Biggest fall in shares since September 11

Black Monday: recession fears spark global share crash

US recession fears wipe £77bn from London shares

FTSE 100 has record fall on recession fears

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