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Stocks fall on weak economic news in China, Europe

  • Listed: November 23, 2011 6:49 pm


NEW YORK-Europe’s spreading debt woes and slower manufacturing in China pushed stocks sharply lower Wednesday. The Dow Jones industrial average fell 180 points in midday trading. Traders worldwide were spooked by an auction of German debt that drew too few bids to sell all of the 10-year notes being offered. Germany has Europe’s strongest economy, and traders have bought its debt as a safe place to store value during turbulent times. The weak buying suggests that Europe’s crisis…

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