(RALEIGH) -- Fears of a new recession are intensifying among investors amid weak economic indicators from major nations including China. NC State University economist Dr. Mike Walden said he would not worry about a couple of down stock market sessions.

"The last poll I saw of economists suggested that the majority of us still feel that the economy will limp along but it's a matter of degree whether we're going down by one or two percent or going up by one percent.  For most people they're not going to see a big difference," said Walden.

The world's major economies are pledging to take strong actions to restore financial stability and calm financial markets that plunged on Thursday over renewed fears of a new global recession. The challenge, according to some experts, is getting investors to believe any initiative economic leaders will affect real change.