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Stocks suffered their biggest losses in three months Tuesday, the first hiccup in a strong and steady rally to start the year. Wall Street worried about the global economy and waited while Greece pressured the last investors to sign on for its bailout.
Stocks began the final quarter of 2011 on Monday the same way they ended the last one, falling amid pessimism over Europe's efforts to contain its sovereign debt problems and fears that a wider economic slowdown ...
Stocks ended their worst quarter since the depths of the 2008 credit crisis, crippled by Europe's debt debacle, a U.S. credit downgrade and a sputtering global economy.
Stocks tumbled on Thursday, extending losses for a fourth straight session, as the Federal Reserve's weak outlook for the U.S. economy and disappointing data from China heightened fears about a global recession.
World stocks fell on Thursday as heightened worries about sluggish economic recovery prompted investors to cut exposure to riskier assets, while the Swiss franc fell as the central bank took further steps to halt its steady rise.
Finance officials from major industrial countries, seeking to calm nervous global markets, pledged Sunday to increase cooperation on attacking economic problems.
More than $2.5 trillion have been wiped off the value of world stocks this week on mounting concerns the global economy is heading toward another recession.