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World markets in turmoil for a second day

Discussion in 'Market News' started by Lily, Feb 9, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    European shares, particularly banks, take their cue from sliding Asian markets

    Panic hit global stock markets for a second day as shares plunged in Asia and fell in Europe over fears that the global economy is heading for recession.

    Japan’s Nikkei index tumbled throughout the day and closed down 5.5% in a wave of panic selling. The fall wiped 918 points off the Nikkei, leaving it at 16,085 in the biggest one-day plunge in three years.

    Related: Market turmoil: Nikkei plunges 5% as banks face 'cocktail of risks' - live

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