Financial markets fell in the red again amid concerns over disunity among European leaders regarding measures to deal with the sovereign debt crisis. Sentiment was not helped by EU’s proposal on financial transaction tax. Wall Street fluctuated between gains in losses in early session by the selloff accelerated in the afternoon with DJIA and S&P 500 sliding -1.61% and -2.17% respectively. Commodities slumped on renewed fears about global economic prospects.
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Investors Turn Risk Averse Again as EZ Leaders Split
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