Rolling coverage of the latest economic and financial news
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- Women face ‘whopping pensions gap’ in Great Britain, says TUC
The wild ride on the US stock markets continued on Wednesday with the Dow Jones Industrial Average sinking more than 1,100 points as investors worried about a looming recession.
All of the major US markets fell sharply, with the S&P closing down 4%, its largest fall since June 2020, and the tech-heavy Nasdaq losing 4.7%.
