Monday, March 3, 2008

World stocks, dollar tumble on bank, economy woes (Reuters)



The NYSE sign is seen above the floor of the New York Stock Exchange in this file photo taken on January 22, 2008. With so many Americans now relying on volatile stock portfolios for their retirement savings, Wall Street's latest slide has some worried they may be destined to struggle with financial instability in old age. To match feature USA-HOUSING/401K REUTERS/Brendan McDermid (UNITED STATES)Reuters - World stocks tumbled while the dollar
plumbed record lows on Monday as fresh concerns about the
health of the banking sector and a U.S. recession drove
investors to safe-haven gold and government bonds.




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