Markets drop sharply as fears of global slowdown intensify
by Richard Partington Economics correspondent from Economics | The Guardian on (#4BKQW)
Dow Jones and FTSE 100 slump as eurozone output falls at fastest rate in almost six years
Financial markets around the world have dropped sharply amid mounting fears of a slowdown in the global economy, after eurozone factory output fell at the fastest rate in almost six years.
Friday's losses on stock exchanges across Europe and on Wall Street came after figures suggested economic growth across the European single currency bloc remained weak in the first quarter of 2019, dashing hopes of a rebound from a weak end to last year.
Related: The global economy is slowing down. What can governments do about it?
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