Market Collapse Around The World On China And EU Fears

Posted: October 18, 2011 at 4:13 am

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China’s slower 9.1% GDP growth and German comments which lowered expectations about an EU bailout drove stocks around the world much lower

Hong Kong’s Hang Seng closed down 4.2%. The Shanghai Composite was lower by 2.3%.

Europe opened lower. The FTSE 100, CAC 40, and Dax all fell over 1% in early trading.

Douglas A. McIntyre

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