Robert Carnell

Global markets slump over recession fears

Global stock markets experienced a significant decline amid concerns that the US economy might be heading towards a recession. The UK’s FTSE 100 dropped over 2% by Monday afternoon, marking its worst performance since July 2023. The FTSE 250 also fell by 2.83% by the end of the trading day. Other European markets, including those in France, Germany, Portugal, and…