Wall Street

Second half starts with a fresh drubbing for stocks

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Reuters UK

By Marc Jones LONDON (Reuters) – The second half of the year started with another first class drubbing for global stock markets on Friday, as the recession concerns that have built in recent weeks also shoved oil and metals lower again. MSCI’s world stocks index has had its worst start to a year since its 1990 creation over the last six months and a 1% early tumble in Europe and for Wall Street futures pointed to more pain ahead. [.EU][.N] Asia had thudded lower too with the heaviest fall in Taiwan, where the growth-sensitive benchmark index slid more than 3% to its lowest since late 2020. Jap…

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