Stocks take beating in Europe, Asia
China Daily | Updated: 2009-03-04 08:04
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A pedestrian watches an electronic display showing global stock market prices in Tokyo. Bloomberg News |
European stocks fell to the lowest level since 1996 on concern profits are deteriorating and banks will need more capital. US futures rose after the Standard & Poor's 500 Index traded at the cheapest level relative to earnings in two decades.
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