Stock markets plunge on US recession fears

CNA

Summary

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Tokyo’s Nikkei 225 closed down 12.4pc and suffered biggest ever points loss overnight - also taking its worst hammering in one day since the fateful trading session in October 1987.
The Telegraph
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Tokyo led a collapse across Asian and European equities on Monday, after weak U.S. jobs data fanned fears of a recession in the world's top economy and boosted bets on several Federal Reserve interest rate cuts.
Hürriyet Daily News
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Nvidia shed more than $300 billion in market cap at the opening bell, though it quickly recovered about half of its loss.
CNBC
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The UK's FTSE 100 also dropped more than two percent shortly after the markets opened, with the FTSE 250 falling more than three percent.
Daily Express

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