FTSE 100 on track for its lowest close since April and Japan’s Nikkei suffers biggest fall since crash of 1987
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Shares on Wall Street and in London have fallen heavily amid a global stock market rout triggered by fears of a recession in the US.
The tech-focused Nasdaq index dropped by 6% as trading in New York opened on Monday, while the broader S&P 500 index fell by 4.2% in a sell-off triggered by weak US jobs data. The Dow Jones industrial average lost more than 1,100 points, a 2.8% decline.
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