Global market meltdown: What you need to know ...News

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Global market meltdown: What you need to know
Japan’s Nikkei had its worst day since 1987 on Monday, with other Asian markets plunging and European stocks nearing six-month lows Stock markets around the world plunged on Monday, with shares tumbling amid fears that the US could be heading for a recession, pushing investors into panic-selling mode. Japan’s Nikkei is leading the sell-off, down 12.4% – its worst day since the 1987 Black Monday crash. The situation began to unfold last week after the US released a report showing weaker than expected employment data. Economists say the slump reflected deepening concerns over the overall state of the US economy. Wal

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