Fact-check: The claims are based on a post from the reputable Financial Times on X, which aligns with verified reporting on global stock market trends and economic data. No contradictions were found in live X feeds or current events, making the article well-sourced and consistent with known facts.
Global stock markets in Europe and Asia declined as weak economic data intensified recession fears, with Wall Street preparing for a potentially lower open. The broad-based selloff reflects growing investor anxiety over slowing economic growth across major economies.