Not the global stock market is followed by a bad roller coaster.

<P> Spent less than two weeks in the "good old days", the overseas stock market turmoil over the past couple of days before. .Because of the weakening of European debt crisis seems to get a boost investor confidence in the past few days has been a heavy blow. .</ P> <P> Tuesday's New York market, the U.S. stock market is followed by late diving, European stock markets ended the rare "Nine Yang" good momentum of Wednesday's Asia-Pacific stock markets also fell sound one. .Market participants pointed out that the weak housing data from the United States, the European banking sector came more bad news and the Fed meeting on interest rates brought about by caution, have affected the sentiment. .Some analysts believe that further uncertainty in the economy before the stock market in coming months may still be more volatile. .</ P> <P> U.S. stocks late in the diving and acting </ P> <P> Tuesday, U.S. stocks staged a second day late in the diving market. .At the close, all three major indexes fall more than 1%. .Most of the trading hours in the day, the stock market trading in the positive range. .</ P> <P> 22 stocks in the last half hour of trading, the three major indices plunged across the board there, falling quickly expanded to more than 1%. .At the close, the Dow fell 148.89 points to 10,293.52 points, down 1.43%, the highest since June 4 the biggest one-day drop; Standard & Poor's 500 index fell 17.89 points to 1095.31 points, down 1.61%; the Nasdaq Composite Index .down 27.29 points to 2261.80 points, down 1.19%. .</ P> <P> stocks and sectors, the decline in property stocks and energy stocks the top. .S & P 500 index closed housing construction industry fell 2.3%, Home Depot and DRHorton and other industry giants recorded a decrease of nearly 3%. .</ P> <P> In addition, energy stocks also decline significantly. .Chevron fell $ 1.72, to 74 cents, or 2.3%. .Exxon Mobil fell $ 1.19, to $ 61.94, down 1.9%. .</ P> <P> the same day, European stock markets also ended the rally for several days, had been rising for nine days of pan-European blue chip index FTSEurofirst300 index fell 0.4% Tuesday, while in the previous nine trading days, the cumulative rise in the index .7.7%. .The three major stock markets in Europe, the United Kingdom, Germany and France's benchmark index fell 1.0%, respectively, 0.4% and 0.8%. .</ P> <P> energy and banking stocks led by the broader market, which is still trapped oil spill BP shares fell 4.4%, to close at 13-year low. .Fitch lowered the ratings of BNP Paribas, the banking sector brought about suppression, BNP Paribas, Credit Agricole and Societe Generale Bank of decline in the 1.9 to 4.7 percent range. .</ P> <P> decline has also affected the Asia-Pacific markets on Wednesday, MSCI Asia Pacific Index fell 1.3% in late day, for the past two weeks, its biggest one day drop. .Among them, Japanese stocks plunged 1.9%, the Australian stock market fell 1.6%, Hong Kong stocks edged up 0.2%. .</ P> <P> U.S. housing market is worrying </ P> <P> after the opening bell on Wednesday, European markets are still in the doldrums. .European Dow Jones Stoxx 600 Index fell 0.6% in early trading. .</ P> <P> industry that brought the stock market there are multiple factors to suppress, but the most important real estate when the number of weak U.S. data and the European banking sector's bad news. .</ P> <P> the National Association of Realtors on Tuesday, the United States in May second-hand housing sales were down 2.2% annual rate of 5.66 million units, reversing the previous two consecutive months of growth. .Economists had expected a second-hand housing sales in May increased by 5.0% to an annual rate of 6.06 million units. .As of the end of May, the United States for sale second-hand housing stock decreased by 3.4%, while still reached 3.89 million units, equivalent to 8.3 months of sales. .12 </ p>.