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Stocks tumble as Italian crisis knocks global sentiment [Reuters]

MSCI (MSCI)  More Company Research Source: Reuters
Last msci earnings: 8/2 07:03 am Check Earnings Report
US:NYSE Investor Relations: ir.msci.com
PDF Stocks tumble as Italian crisis knocks global sentiment | Reuters 4 Min Read TOKYO (Reuters) - Asian shares extended a global sell-off in early trading Wednesday as Italy’s political crisis provoked a heavy retreat on Wall Street, sent the euro to a 10-month low and pushed up borrowing costs for the government in Rome. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down 1.1 percent, while Japan's Nikkei average .N225 shed 1.7 percent to hit a six-week low. South Korea's KOSPI .KS11 and the Australian stock benchmark slipped 1.6 percent and 0.7 percent, respectively. On Wall Street on Tuesday, the Dow Jones Industrial Average .DJI fell 1.58 percent to 24,361.45, the S&P 500 .SPX lost 1.16 percent to 2,689.86 and the Nasdaq Composite .IXIC dropped 0.5 percent to 7,396.59. Investors fear that repeat elections in the euro zone’s third-largest economy - which could come as soon as July - may become a de-facto referendum on Italian membership of the currency bl [Read more]

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