Wall Street futures, Asia stocks fall as U.S. elections trickle in

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Asian stocks sink for 2nd day after Wall Street slideBEIJING (AP) — Asian stocks fell further Friday after Wall Street slid on recession fears, putting markets in Shanghai, Tokyo and Sydney on track to end 2018 down more than 10 percent. Tokyo's Nikkei 225 index fell 1.9 percent and the Shanghai Composite Index lost 0.9 percent. The Chinese market is 2018's worst performer, down nearly 25 percent for the year. Stocks usually end the year with a flourish. But investors worry global economic growth is cooling and the U.S. could slip into a recession in the next few years. Interest rate hikes will do that. Government shutdown along with interest rates could sink dow to a new low even lower than yesturday.
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