Global stocks slump amid trade war, growth fears | The Malaysian Insight

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Global stocks slump amid trade war, growth fears

A pedestrian is reflected in a stock market indicator board in Tokyo, Japan. The 225-issue Nikkei stock average defied global trends and was up 0.4% at 20,684.82 at the close of trading yesterday. – EPA pic, August 10, 2019.

GLOBAL stocks fell yesterday on worries about the grinding US-China trade war amid rising gloom over the global growth outlook. Leading bourses in Europe lost more than 1%, including in Milan after Italian Interior Minister Matteo Salvini pulled support for the government coalition and called for snap elections while parliament was on summer recess.

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