Stocks down again as Merkel rules out ECB role (AP)

By admin on November 24th, 2011

A group of visitors to Tokyo Stock Exchange have their pictures taken in front of a real time electronic stock update board in Tokyo Thursday, Nov. 24, 2011. Asian stock markets were mostly lower Thursday amid mixed economic data out of the U.S. and fears that the German economy, Europe's strongest, may be succumbing to the continent's debt crisis. Japan's Nikkei 225, reopening after a one-day public holiday, fell 1.5 percent at 8,186.58. (AP Photo/Junji Kurokawa)AP – Europe’s major stock markets resumed their long losing streak Thursday after German Chancellor Angela Merkel dismissed calls for the European Central Bank to play a bigger role in resolving the debt crisis that’s threatening the 17-country eurozone.


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