Major Wall Street indexes have tumbled as fears of a US economic recession grow

Major Wall Street indexes have tumbled as fears of a US economic recession grow

The drop comes amid a global market selloff, including in Europe and Asia

Weaker-than-expected economic data from the US, including a jobs report on Friday, has fuelled speculation that the world's largest economy is slowing

Japan's market plummeted to its biggest fall by points in history
In London, the FTSE 100 index fell by 2.8%

Stock markets in Taiwan, South Korea, India, Australia, Hong Kong and Shanghai all tumbled

Analysts now expect the US Federal Reserve to cut interest rates

source : https://x.com/ShaeAaron/status/1820342011821777190