Markets nosedive on EU, US economy fears

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It was a bleak end to a black day on the stock markets. Wall Street posted its biggest sell-off in two years. The Dow plunged more than four percent while the Nasdaq shed five percent. The sell-off was prompted by fears America is heading into a second recession. But the Eurozone sovereign debt crisis has also spooked investors. ... http://www.euronews.net/

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