Friday, September 20, 2024

Stocks hammered after US data fans recession fears

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Yen jumps more than 1% against dollar on policy talk

Tokyo led a collapse across Asian and European equities Monday, after weak US jobs data fanned fears of a recession in the world’s top economy and boosted bets on several Federal Reserve interest rate cuts. Trading boards showed a sea of red following another hefty day of losses on Wall Street, where heavyweight tech firms […]

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