Video Credit: Wochit Business - Duration: 00:42s - Published < > Embed
Global Stocks Slip On Bad News
LONDON (Reuters) - Stocks worldwide tumbled on Friday after weak economic data from China and Europe fanned concerns of a global economic slowdown and left investors fretting over the wider impact of a still-unresolved Sino-U.S. trade dispute.
FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018.
REUTERS/Issei Kato The MSCI All-Country World Index, which tracks stocks across 47 countries, was down half a percent.
ding to Reuters, U.S. stocks dropped on Friday, as shares of chipmakers sank on a warning from sector major Broadcom of a broad weakening in global demand and Chinese data pointed to the worst slowdown..