Shock U.S. Data Triggers Recession Alarm as Global Stocks Plunge
The unexpected fall in the U.S. equities market sent global stocks plunging as major stock indices in China and South Korea fell by 0.9 to 2 percent. The SSE Composite, which represents all stocks listed on the Shanghai Stock Exchange, fell by 0.92 percent on the day while the Kospi dropped 1.95 percent. Holger Zschaepitz, […]