Stocks slide as corporate results spur recession fears


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STOCKS. Stock market information is screened on the trading floor at the New York Stock Exchange in New York City, January 25, 2023. Boeing's downbeat results amid ongoing supply chain constraints add to slower growth concerns, while Microsoft warns its customers are cautious about spending in an uncertain economy NEW YORK, USA – Global equity markets skidded on Wednesday, January 25, as poor corporate results fueled recession fears, as did the ongoing inversion of short- and long-dated Treasury yields – a harbinger of economic downturns. But the main indexes on Wall Street sharply pared losses, suggesting that many believe a...