Source: Reuters

Stocks fell for a second straight day on Wednesday as a parade of disappointing profits from bellwethers including aircraft maker Boeing Co increased fears that the global economy might be in the throes of recession.

Investors trimmed their exposure to risk, fueling another leg of a worldwide sell-off that punished Asian markets overnight and drove European indexes down about 5 percent or more.
…

“Everybody is concerned about the global recession,” said Dave Rovelli, managing director of U.S. equity trading at Canaccord Adams in New York.

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Global Recession

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