NEW YORK—Global equities fell further on Thursday, unable to sustain a late rally on Wall Street, as investors dumped stocks on fears of sluggish growth and bought safe-haven assets such as government debt and the Swiss franc.
Supply chain woes continued to fuel inflation and growth concerns as Cisco Systems Inc. warned of persistent component shortages, knocking its shares down 13.7 percent. The plunge made it the latest big name stock this week to post its largest decline in more than a decade.
