02222012Headline:

World stocks muted ahead of US growth figures

World stocks faced multiple headwinds Friday after disappointing Japanese earnings, higher unemployment in Spain and weak U.S. home sales. Investors awaited quarterly growth figures from the U.S. later in the day. Benchmark oil hovered below 0 per barrel while the dollar was lower against the euro and the yen. European shares headed lower as the latest data from Spain, which already has the highest unemployment rate among the 17 nations that use the euro, showed more than 5 million people without jobs. The…


WN.com – Business News

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