(Bloomberg) — Stocks tumbled in Asia following the worst Wall Street session since 1987, with investors spooked that emergency fiscal and monetary packages won’t be enough to stave off a recession. Treasuries edged up with the dollar.Japanese equities plunged 10% at one point and Korean stocks sank more than 8%. The slide triggered trading halts in Thailand, Indonesia, India and South Korea. Global equities are heading for their worst week since 2008 as investors price in a severely weaker outlook due to the impact of the coronavirus pandemic. Futures on the S&P 500 dropped more than 2% after the index …read more
Source:: Yahoo Finance
