New Concerns about U.S. and Global Growth Prospects

July 7, 2010

Stocks fell 1.7% in Sri Lanka, 1.1% in Hong Kong, 0.8% in India, 0.6% in South Korea, and 0.5% in Australia.  Selling intensified in Europe, where the Paris Cac is trading 1.6% lower, the Spanish IBEX has lost 1.5%, and both the German Dax and British Ftse show losses of 1.3%.  A poorer-than-expected service sector [...]

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