European stocks have fallen sharply as concerns about a trade war and higher US bond yields have stoked concerns among global investors

in #bbc7 years ago

In London, the UK's FTSE 100 share index fell 1.7% to 7,023.

Markets in Asia had plunged to a 19-month low after US shares suffered their worst losses in eight months.

US President Donald Trump called the falls a "correction", but said the Federal Reserve, which has been raising interest rises, had "gone crazy

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