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Global stocks lower after U.S. falls on recession fear

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Global stock markets were mostly lower Thursday after Wall Street fell on mounting fears of a possible recession.

Benchmarks in London, Tokyo and Sydney declined while Shanghai closed higher after spending most of the day in negative territory. Frankfurt was unchanged.

In early trading, London's FTSE 100 was down 0.3% at 7,122.66 while Frankfurt's DAX was unchanged at 11,493.92. France's CAC 40 was flat at 5,253.02.In Asia, the Shanghai Composite Index gained 0.2% to 2,815.80 while Tokyo's Nikkei 225 lost 1.2% to 20,405.65. Hong Kong's Hang Seng closed up 0.8% at 25,495.46.

Uncertainty about the U.S.-Chinese tariff war has spurred a return of volatility to the stock market in August. The Dow has dropped more than 5% and the S&P 500 is down more than 4%.

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The democrats are trying to trigger a recession by scaring people to not spend.

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