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Thomas Markle contacts Archbishop of Canterbury to help heal his rift with daughter Meghan and mulls LEGAL fight for access to his future grandchild
FBI warns more pipe bombs could still be in the mail after MAGAbomber sent 10 devices via major USPS mail facility in crime-plagued Opa-Locka in South Florida
Premature baby dies of suspected bacterial infection caught in top New Jersey hospital - as officials reveal four more infants are sickened
'This is the worst white privilege I have ever seen': Black NBC staffers 'deeply hurt' that Megyn Kelly is playing the #MeToo card to collect her $69M payout after blackface remarks
The smiles that say Megyn is OUT: Al Roker and Tamron Hall who were ditched to make way for Kelly on the Today show reunite on social media as she gets the boot
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Sick racist trolls inundate dead University of Utah athlete's Facebook page blaming HER for her own murder 'for dating a black guy' - as cops reveal she met her killer while he worked as a bar bouncer
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Gunman is found guilty of shooting dentist, 35, dead in the car park of her upmarket Dallas apartment in murder-for-hire 'orchestrated by her boyfriend's bitter ex'
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'He has made trans people into political pawns': Caitlyn Jenner slams Trump for 'insulting and attacking' transgender community and says she was wrong to support him
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Barbra Streisand brands Donald Trump 'a conman' and says the 'stupid' President influenced her new album
White House reveals it has invited Vladimir Putin to Washington after Bolton warned Russia's interference in the elections created 'distrust and animosity'
Trump mocks 'lowly rated CNN and others' for criticizing him, 'blaming' him for pipe bombs and 'ridiculously comparing this to September 11th'in a 3AM Tweet
Trapped in their own bodies: Heartbreaking stories of two patients battling a rare condition 'that is slowly turning them into stone'
Revealed: MAGAbomber sent all 10 pipe bombs via major USPS mail facility in crime-plagued Opa-Locka in South Florida

Global markets head for longest losing streak in five years
US economy grew by 3.5% in third quarter, stronger than expected
MSCI all country world index, which tracks shares across stock markets in 47 developed and emerging countries, fell by 0.3%
The index has dropped by 9% since the start of the month, the second largest sell-off of the year following turmoil in February
Growth in the US, the world's largest economy, remains strong but investors are growing increasingly concerned that companies will be unable to sustain profits
Threats of impacts from a trade war between the US and China is also hanging over investors

Published: 04:58 EDT, 26 October 2018 | Updated: 10:27 EDT, 26 October 2018

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Global stocks slid lower on Friday and were set for their worst week in more than five years, as anxiety over corporate profits added to fears about global trade and economic growth.

European shares tracked U.S. stock futures lower after Alphabet and Amazon's earnings missed expectations, further sapping risk appetite as European earnings also disappointed.

The leading index of euro zone stocks fell 1.5 percent. Germany's DAX was down 1.7 percent and France's CAC 40 down 1.8 percent.

Global investors were left edgy after results from Amazon and Google-owner Alphabet were disappointing

The S&P 500 and Dow are down 2.2 percent and 1.8 percent this week

The MSCI All-Country World Index, which tracks shares in 47 countries, was down 0.3 percent after trading began in Europe. It was set for its fifth straight week of losses, its worst losing streak since May 2013.

'Expectations for US company earnings are quite high, so whenever they are not being met, the reactions are quite severe,' said Miraji Othman, credit strategist at BayernLB.

'We have grown used to solid numbers, 18 percent revenue growth, 25 percent revenue growth and so on. The valuations have become quite ambitious.'

S&P futures slumped 0.84 percent, potentially setting up a rough session for U.S. markets.

Tech firms also fell in South Korea, where the broader market slid 1.75 percent. The Kospi had earlier touched its lowest level since December 2016.

Financial markets have been whipsawed in recent sessions amid concern over global growth, a mixed bag of U.S. corporate earnings, Federal Reserve rate increases and an Italian budget dispute.

Investor fears mount as disappointing results from Amazon and Google add to a cocktail of risks, sending US and European markets sharply lower

On Friday morning, despite stronger-than-expected US growth in Q3, the news failed to cheer investors sending stocks lower

Bear markets - a price drop of 20 percent or more from recent peaks - have increased across indexes and individual stocks since the start of this year.

'The first, and most important (worry) is that Fed tightening and fading fiscal stimulus will cause the US economy to take a turn for the worse ... The second is that China's economy will continue to struggle,' analysts at Capital Economics said in a note to clients.

'As we have been arguing for a while now, these worries are likely to get worse over the next twelve months or so.'

Traders expect a strong reading of U.S. gross domestic product data on Friday, which could see the dollar strengthen.

'Today's robust U.S. GDP will illustrate to the market the deep division between the U.S. and the euro zone when it comes to growth performance,' said Commerzbank analyst Thu Lan Nguyen.

The British pound was near seven-week lows against the dollar on Friday and three-week lows against the euro, as doubt grew about whether the UK and the European Union can clinch a Brexit deal.

Bloomberg, citing people familiar with the matter, reported on Friday that Brexit talks were on hold because Prime Minister Theresa May's cabinet was not close enough to agreement on how to proceed.

U.S. Treasury yields fell as equity markets plunged. The 10-year yield fell to 3.0920 percent compared with its U.S. close of 3.136 percent on Thursday.

Oil prices headed for a third weekly loss after Saudi Arabia warned of oversupply and the slump in stock markets and concern about trade clouded the outlook for fuel demand.

U.S. crude dipped 1 percent to $66.68 a barrel. Brent crude fell 0.73 percent to $76.33 per barrel.