US recession fears today triggered more heavy selling for global markets.
London’s FTSE 100 ended sharply lower, but stayed above 8,000 points in closing trade, off the lowest levels of the day.
Bur the wave of selling continued in New York trade, having swept across Asia and Europe.
In Japan, Nikkei 225 slumped more than 12% in the worst session since 1987.
And the risk-averse mood left cryptocurrency Bitcoin down almost 10%.
