Stocks Slide On Renewed Recession Fears; Worst H1 (First Half-Year) Ever
Stocks sank on Thursday to extend what is the worst first half of the year for global share prices on record
Source: ndtv.com
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Stocks sank on Thursday to extend what is the worst first half of the year for global share prices on record
The latest financial markets' moves underscore recession risks.
A shock 50 basis point rate hike from the Swiss National Bank overnight sent the franc on its sharpest rise in seven years, forced an unwind of carry trades and set off a new round of worry that rising global rates will snuff out growth.