Global Stocks Fall on Recession Fears

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Global Stocks Fall on Recession Fears
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Weak economic data add to fears about slowing growth world-wide, weighing on stocks and government bonds

In Thursday trading in Asia, Australia’s S&P/ASX 200 fell more than 2.1%, putting it on course for its second-worst daily performance this year. The country’s big four banks all fell, as Australian government bond yields plumbed a new low, at 0.

883%. Japan’s Nikkei 225 dropped 1.9%.
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