Fear of US recession rattles global markets as tech shares fall

Fear of US recession rattles global markets as tech shares fall
By: The Guardian Posted On: August 02, 2024 View: 10

Europe’s main indices all decline on Friday as Japanese equities suffer worst day since 2020Business live – latest updatesStock markets in Europe, Asia and New York have been rattled by fears of a US economic slump, as technology shares were hit by underwhelming earnings.Concerns that the US could be sliding towards a recession spurred a global sell-off, which accelerated after a poor employment report on Friday showed that the US jobs jobs market was cooling fast. Continue reading...

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