World stocks slump on renewed EU debt concerns (AP)

By admin on July 11th, 2011

FILE - In this June 27, 2011 file photo, traders work on the floor at the New York Stock Exchange in New York. A rally spurred by expectations that the U.S. economy added significantly more jobs than initially forecast in June petered out on Friday as investors prepared for the official employment report. (AP Photo/Seth Wenig, file)AP – Concern that the eurozone’s debt crisis could infect Italy and Spain sent global stocks spiraling downward Monday while markets were still reeling from last week’s dismal jobs report in the U.S.


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