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News Link • Economy - Economics USA

Wall Street tumbles on economy, bank worries

• Reuters

Stocks tumbled more than 4 percent on Thursday after data pointed to a stalled economy and as bank shares sank on a report regulators were scrutinizing the U.S. units of big European lenders.

The decline was broad as well as steep, with just a small handful of the S&P 500's components in positive territory.

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