Stocks approach six-month low as recession fears rise

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Stocks approach six-month low as recession fears rise eNCA

File: The rand weakened to 15.3821 per dollar, as concerns about the global economy overshadowed improved local retail sales data.

JOHANNESBURG - South African stocks slipped to a near six-month low on Wednesday after the US Treasury bond yield curve inverted for the first time since 2007, reflectingBoth of the country's major stock indexes weakened more than 2 percent following the inversion in"When that yield inverts, historically, its quite a strong recession signal in the US.

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