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Market Watch: US and European Economies

Investors continue to follow the markets with eyes wide open. One eye is focused on Europe, where leaders of the European Union try and cobble together a comprehensive plan to contain rising sovereign debt costs in its weaker economies, deal ...


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Stocks Tumble as Worldwide Recession Fears Grow

Market focus shifted this week from the U.S. debt ceiling debate to concern of a worldwide recession, sparking a sharp sell-off in stocks and a rally in most government bond markets. On the week, the S&P 500 index fell 7.19% to close at ...