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[Markets] US STOCKS-Wall St slides on global slowdown fears U.S. stock indexes fell on Monday, extending a sharp selloff from last week as fears over China's COVID-19 outbreaks spooked investors already worried about faster U.S. interest rate hikes denting economic growth. The worries reverberated across world markets, with Chinese shares marking their biggest slump since a pandemic-led selling in February 2020 and European stocks falling to their lowest in over a month on fears of strict restrictions in China. All the major S&P sectors fell, with energy stocks tumbling 4.1% as Brent crude prices dropped almost 5% toward $100 a barrel. Published:4/25/2022 11:26:59 AM
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