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Stocks log worst day in over 2 ½ months as bond market flashes recession warning

Sue Chang
Stocks log worst day in over 2 ½ months as bond market flashes recession warning

U.S. stocks close sharply lower Friday, with all major indexes logging their worst day in nearly three months, after a downbeat round of economic data in Europe and the U.S. stoked global growth fears while a closely watched measure of the yield curve inverted for the first time since 2007, triggering recession worries.