BusinessDay
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Global stocks slide on gloomy US economic outlook

Fears of second wave of coronavirus infections also weigh on sentiment

Global stocks fell sharply on Thursday after the Federal Reserve offered a dire assessment of US economic prospects and concerns grew over a second wave of coronavirus infections. Shares on Wall Street tumbled at the opening bell and in mid-morning trading the S&P 500 was down 2.5 per cent, with the tech-heavy Nasdaq down 1.6…



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