Global Stocks Drop as Oil Stokes World Growth Angst; Yen Climbs

Updated on
  • S&P 500 falls most since Brexit aftermath amid oil bear market
  • Asian index futures tip further losses amid haven-asset demand

Stoxx 600 Falls as Every Industry Group Declines

Investors turned risk averse, sending U.S. stocks to their biggest drop in four weeks amid a selloff in equities from Japan to Europe as oil’s plunge into a bear market rekindled global growth concerns. Gold climbed with the yen amid demand for havens.

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