24 September, 2011

CNN Breaking News

Despite a relatively calm Friday on Wall Street, stock markets closed out a brutal week as investors lost faith in economies and political leaders around the world.

The Dow Jones Industrial Average, falling more than 6% since Monday, suffered its worst week since October 2008.

Meanwhile, clouds continued to gather over Europe, as doubts over the solvency of Greece and European banks mounted and European officials failed to take substantive steps.

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