World stocks dip amid economic uncertainty, global outage disruptions

LONDON (Reuters) – World stocks edged lower on Friday as uncertainty across major economies added to headwinds for investors, while a global outage hitting services from airlines, banks and financial services capped a turbulent week in markets.

A tech sell-off sparked by deepening Sino-U.S. trade tensions, uncertainty over U.S. President Joe Biden’s fate in the presidential race, disappointing Chinese economic data and a lacklustre third plenum outcome has cast a shadow over the global mood. Tokyo’s recent bouts of yen intervention meanwhile have kept currency traders on edge.