Wall St tumbles as weak factory data fuels slowdown worries
Friday, 22 March 2019 Wall Street's main indexes tumbled about 2 percent on Friday after a raft of weak manufacturing data from the United States and Europe led to an inverted yield curve, stoking fears of an economic slowdown.
all Street stocks sold off sharply on Friday, with the benchmark S&P 500 index falling nearly 2 percent as weak factory data from the United States and Europe led to an inversion of U.S. Treasury yields, fueling fears of a global economic downturn. Fred Katayama reports.
Reuters reports that Wall Street’s main indexes held steady on Wednesday as global fears lingered. The U.S. yield curve extended an inversion, prompting investors to remain in a holding pattern. With..