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Premarket: More losses ahead as Fed sends stocks into a tailspin Add to ...

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From Tokyo to New York, markets are swimming in a sea of red this morning after minutes released Wednesday from the latest Federal Reserve meeting jolted investors with the prospect that extraordinary stimulus measures may come to an end sooner than most thought.

Chinese stocks overnight fell nearly 3 per cent, leading the losses in Asia, while European stocks this morning are trading down close to 2 per cent. This all follows the tumble in U.S. equities on Wednesday that saw the S&P 500's sharpest decline of the year.

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