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Asia, Euro stocks and US futures slump on Fed caution, virus fears

US central bank leaves policy settings unchanged, pledges to keep buying bonds

Asian heavyweights suffered. Japan's Nikkei slid 2.1 per cent in its largest daily loss in five weeks.


STOCKS in Europe and Asia tumbled with US equity futures on Thursday as fears of a second wave of the virus and a cautious outlook from the Federal Reserve clouded hopes for a speedy economic recovery.

The Stoxx Europe 600 Index sank, with sectors scooped up in the recent...

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