25-03-2019 11:14 via news.yahoo.com

EMERGING MARKETS-Stocks fall tracking global sell-off; Turkish lira recovers

Emerging market stocks fell on Monday, tracking a global-sell off with investors ditching shares and piling into the safety of bonds on concerns over slowing global growth and fears of a U.S. recession.The U.S. dollar took a back seat, lifting most developing world currencies with Turkey's lira in recovery mode after plunging as much as 5 percent in the previous session.Weak economic data from Europe triggered a worldwide sell-off on Friday which worsened after more disappointing numbers from U.
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