New York — Stocks around the world tumbled on Friday on more signs of a weakening global economy, just as central banks piled more pressure with additional interest rates hikes. The S.The P 500 is down 2.2% in early afternoon trading, adding a dismal ceiling to what has already been a difficult week. It’s almost back to its lowest point of the year, reached in mid-June, as Wall Street is still mired in a bear market. The Dow Jones Industrial Average is down nearly 20% from the record set earlier…
Read MoreWall Street: Global markets fall sharply on worries about rates, economy!
