"tumble"

Stocks slumped to an eight-week low amid warnings from Federal Reserve officials on the need for more stimulus to lift the world's largest economy from a coronavirus-induced recession. The dollar rallied.

Financial markets continued to spasm Wednesday, with U.S. stocks reversing Tuesday's rally, as the economic fallout from the pandemic outpaces the massive response from governments and central banks.

Wall Street closed out a bruising week on an ugly note on Friday as unease over the US-China trade war prompted another sell-off, while an OPEC deal lifted oil prices.

Apple shares tumbled Friday a day after quarterly results showing strong profits but weaker-than-anticipated iPhone sales and a disappointing outlook for the key holiday period.

Emerging market currencies sank in Asia on Friday, with the Indian rupee at a record low as dealers fear contagion from financial crises in Argentina and Turkey.

Tesla shares took a pounding Friday amid fresh fears about the future of the electric carmaker after a wide-ranging interview with chief executive Elon Musk in which he revealed his struggles with exhaustion and a lengthy but unsuccessful effort to find a number two executive.

World stocks fell Wednesday after Washington threatened to hammer Beijing with tariffs on a further $200 billion of Chinese imports, ratcheting up the global trade war.

The uneasy calm that had descended on Asian markets was shattered Wednesday after the US threatened to hammer China with tariffs on a further $200 billion of imports, ratcheting up a trade war between the world's top two economies.

Fresh fears of a trade war between the world's top two economies sent Asia markets tumbling on Monday after the United States and China imposed tit-for-tat tariffs on billions of dollars of imports.

Asian markets tumbled with Wall Street and the dollar extended gains Wednesday as US interest rate worries resurfaced, while investors were also given a spook by North Korea's threat to pull out of a historic summit over US demands.