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(Frank Gunn/The Canadian Press/Frank Gunn/The Canadian Press)
(Frank Gunn/The Canadian Press/Frank Gunn/The Canadian Press)

Investor jitters grow as recession fears spread Add to ...

Fears that the United States is “one shock away” from another recession and that major banks are headed for deep troubles are rocking global markets again.

After a respite of a few days, stocks plunged Thursday as economic readings from the United States added to concerns that European leaders and banks won't be able to fend off a continent-wide crisis. Some commodities and currencies also sank, while the heightened dread sent gold prices to a fresh record and fuelled a rally in U.S. Treasuries, pushing yields to record lows.

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