GLOBAL MARKETS-FANGS and BATS sell-off spooks world stocks ...Middle East

Global stock markets suffered a second day of sharp losses on Tuesday as a combination of inflation worries, lofty valuations and an anti-monopoly drive in China sent the world's mightiest tech giants tumbling. Europe had touched a record high on Monday but more than 2% falls on London's FTSE, Frankfurt's DAX and the CAC 40 in Paris turned it into a sea of red ahead of what looked like being another down day on Wall Street.

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