China's trade threats deal fresh blow to world stocks
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LONDON (Reuters) - China's threat to impose counter-measures in retaliation for the latest U.S. tariffs knocked stocks sprawling on Thursday, checking earlier attempt to recover from a rout sparked by fears of a world recession.Wall Street futures signalled another weak open for U.S. stocks, which fell 3% on Wednesday after long-dated bond yields dropped, raising fears the U.S. economy was hurtling towards recession and dragging world stocks with it. Expectations the U.S. Federal Reserve and..