Thursday, June 16, 2011

Greek debt, political turmoil hits world stocks














Worries that Greece's debt woes might spiral into another global crisis pounded stocks and the euro and fueled buying of low-risk government bonds for a second day on Thursday.

World stocks slid to a three-month low, while the euro fell to a record low against the Swiss franc -- traditionally seen as a safe-haven currency -- and a three-week low versus the U.S. dollar.


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