Dhaka, Aug. 3 -- Stock markets around the world have fallen sharply after a disappointing US jobs report raised concerns about the strength of the global economy, just as President Donald Trump confirmed new tariffs on dozens of countries.
Major US indices finished down 1.2 percent or more after spending the entire day in the red. Major indices in Asia and Europe also fell, with Paris and Frankfurt losing nearly three percent.
The dollar fell sharply against other key currencies while oil prices plunged on fears that a weakening US economy would sap demand.
The Labor Department said the US economy added just 73,000 jobs in July, while the unemployment rate rose to 4.2 percent from 4.1 percent. The department also cut the job gains from J...