Global stock markets slide on cocktail of economic worries
- Date: 20-Sep-2021
- Source: SkyNews
- Sector:Financial Markets
- Country:Gulf
Global stock markets slide on cocktail of economic worries
Global stock markets have fallen sharply on a cocktail of worries led by a potential crisis brewing in China - and added to by gas supply concerns in Europe.
Fears over the future of Chinese property giant Evergrande - and the possibility that its problems could have wider knock-on effects in the world's second biggest economy - sent Asian markets sharply lower overnight.
Stock indices in Europe followed suit, with France's Cac 40 and Germany's Dax each losing about 2% of their value and Wall Street also heading south later, with New York's Dow Jones down by 2% too.