Global stocks sink for 2nd day after Wall Street slide
BEIJING (AP) — Global stocks fell further Friday after Wall Street slid on recession fears, putting markets in London, Frankfurt, Shanghai and Tokyo on track to end 2018 down more than 10 percent.
In early trading, Germany’s DAX lost 0.5 percent and France’s CAC 40 retreated 0.4 percent. Tokyo’s Nikkei 225 index fell 1.6 percent and the Shanghai Composite Index ended down 0.8 percent.
The Chinese market is 2018′s worst performer, down nearly 25 percent for the year.
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