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World stocks sink on profit worries (Reuters)



An investor smiles in front of an electronic board showing stock information at a brokerage house in Hefei, Anhui province February 2, 2009. China's stock market, reopening after a week-long holiday, edged up on Monday after Premier Wen Jiabao said he saw signs of recovery in the Chinese economy, though further stimulus measures might be needed. (Jianan Yu/Reuters)Reuters - World stocks hit a one-week low and the euro set a two-month trough against the dollar on Monday as nervousness grew about poor economic data and falling corporate profits in a rapidly slowing global economy.

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This entry was posted on Tuesday, February 3rd, 2009 at 2:45 am and is filed under Markets. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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