Monday, September 12, 2011

European stocks sell off again...

Europe closes the books on another horrid day. Stoxx 50 -4%, Germany -2.3%, France -4.1%, Italy -3.9%, Spain -3.3%. The U.K. outperforms, -1.7%. With panicky declines being the new normal in Europe, U.S. shares have (thus far) mostly shrugged it off.

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