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Published 14:16 IST, August 5th 2024

Here's why fears of US recession spooked global markets

The root of these fears lies in a series of disconcerting economic indicators, particularly the rising US unemployment rate and a notable slowdown in hiring.

Reported by: Business Desk
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US stocks fell sharply following the release of the employment report. | Image: Republic Business
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11:16 IST, August 5th 2024