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Stocks fall broadly, head for worst quarter since early 2020

A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Friday, July 1, 2022. Asian benchmarks were mostly lower on Friday, echoing a decline on Wall Street, after a quarterly report by Japan’s central bank rekindled worries about the world’s third largest economy. (AP Photo/Lee Jin-man) A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate at a foreign exchange dealing room in Seoul, South Korea, Friday, July 1, 2022. Asian benchmarks were mostly lower on Friday, echoing a decline on Wall Street, after a quarterly report by Japan’s central bank rekindled worries about the world’s third largest economy. (AP Photo/Lee Jin-man) A currency trader walks by the screens at a foreign exchange dealing room in Seoul, South Korea, Friday, July 1, 2022. Asian benchmarks were mostly lower on Friday, echoing a decline on Wall Street, after a quarterly report by Japan’s central bank rekindled worries about the world’s third largest economy. (AP Photo/Lee Jin-man)
Stocks fall broadly, head for worst quarter since early 2020