Wall Street Falls After World Bank Cuts East Asia's Growth Forecast

  • 12 years ago
Stocks fell on Monday after the World Bank cut its growth forecasts for East Asia, undoing the positive sentiment that followed a drop in the U.S. unemployment rate on Friday.
Euro zone finance ministers will launch their 500 billion euro ($653.00 billion) permanent bailout fund on Monday, putting in place a major defense against the debt crisis that now threatens Spain.

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