Stock markets world wide plummet

Major markets in Europe, Asia and Latin America sank Monday as traders looked past America's bank bailout bill and focused on Europe's growing financial crisis. Wall Street suffered through another traumatic session , with the Dow Jones plunging as much as 800 points . The most influential European markets suffered big losses. London's FTSE 100 ended down 7.9%, the CAC 40 in Paris skidded 9%, The global financial meltdown also hit Latin America, where the economies are reliant on commodity exports.