The yen was investors' safe harbour of choice on Tuesday and it touched a five-month high as fears about a tariff-driven slowdown in U.S. economic growth have rattled U.S. stocks and the dollar.
The Nasdaq fell 4% overnight and the S&P 500 slid 2.7% as equities caught up with what bonds and currencies have been saying for weeks: U.S. growth is going to slow down.
The Nasdaq fell 4% overnight and the S&P 500 slid 2.7% as equities caught up with what bonds and currencies have been saying for weeks: U.S. growth is going to slow down.
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