Asian markets drop on economy worries, yen rallies

Legit | 11-09-2024 03:02pm |

Equities slipped Wednesday following a mixed day on Wall Street, as worries about the world's top two economies offset optimism that the Federal Reserve will start cutting interest rates next week. Another round of sub-par US jobs data last week revived worries that the world's top economy was slowing more than expected and could be on course for a recession.

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