by Jack Lee
NEW YORK (Reuters) – Wall Street joined a global market rout on Friday that kicked off in Japan, led Russia to suspend trading and sent oil and other commodities tumbling on fears of a deep worldwide recession.
U.S. stock indexes fell around 4 percent.
News of a contraction in Britain’s economy deepened fears of a worldwide recession stemming from the worst financial crisis in 80 years. China warned the outlook was grim.