Recession Jitters Knock Global Stock Markets To Fresh Lows

Warning over US economy triggers late sell-off on Wall Street, weighing on markets in Asia and EuropeGlobal stock markets are sliding to new lows as fears of recession grip investors.The warning from the US Federal Reserve chair, Janet Yellen, on Wednesday that the world’s biggest economy could be hit by the current turmoil led to a late sell-off on Wall Street, which has followed through to Asia and Europe on Thursday.

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