Asian markets sharply lower after wobbly day on Wall Street

Summary by Ground News
The yield on the 10-year U.S. Treasury fell sharply to 3.83% from 3.95% late Tuesday. The Bank of England said it would buy U.K. government bonds following a recent sell-off. Wall Street is worried that the Fed will hit the brakes too hard on an already slowing economy and veer it into a recession.
Published 2 months ago · New York, United States

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Asian shares sharply lower after wobbly day on Wall Street

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2 months ago·Colorado Springs, United States
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Asian shares sharply lower after wobbly day on Wall Street

TOKYO (AP) — Asian shares tumbled Wednesday after a wobbly day ended with mixed results on Wall Street as markets churn over the prospect of a possible recession. Tokyo’s Nikkei 225 index sank 2.1% to 26,020.56 while the Kospi in Seoul lost 2.8% to 2,161.95. In Sydney, the S&P/ASX 200 gave up 0.8% to 6,442.40. Hong Kong’s Hang Seng dropped 2.8% to 17,363.08 and the Shanghai Composite index declined 1.3% to 3,053.79. Taiwan’s benchmark dropped 2.…

2 months ago·Tacoma, United States
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Asian shares tumble after wobbly day on Wall Street

Indexes slump in China, Japan, South Korea and Australia as investors weigh prospect of a possible global recession.

2 months ago·Qatar
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