World stocks dip amid economic uncertainty, global outage disruptions | News on Markets

A broker sits at his desk on the trading floor at BGC Partners in London

Technology stocks continued to struggle in Asia, with South Korea’s tech-heavy KOSPI index


By Rae Wee and Dhara Ranasinghe


LONDON (Reuters) – World stocks edged lower on Friday as uncertainty across major economies added to headwinds for investors, while a global outage hitting services from airlines, banks and financial services capped a turbulent week in markets.

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A tech sell-off sparked by deepening Sino-U.S. trade tensions, uncertainty over U.S. President Joe Biden’s fate in the presidential race, disappointing Chinese economic data and a lacklustre third plenum outcome has cast a shadow over the global mood. Tokyo’s recent…

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