All posts tagged "Recession Fears"

NEW YORK (Reuters) - Stock index futures pointed to a sharply weaker open for equities on Wall Street on Friday, a day after the Nasdaq ended more than 5 percent lower and the S&P 500 slipped 4.5 percent on rising recession fears.

WASHINGTON — US Treasury bond yields plunged Thursday, with the 10-year yield hitting a record low as worries about a new recession in the United States and Europe battered stock markets.

Asian stock markets plummeted on Friday following carnage in the US and European markets amid fears the world was heading towards another financial crisis.