Stocks: Earthquake in Asia sends markets lower
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NEW YORK Stocks fell slightly Monday as investors weighed a decent but uninspiring holiday shopping season against concerns over insurance and travel stocks in the wake of the weekend&#39;s Asian earthquake.
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While Chinaâs markets rebounded, markets around Asia fell in reaction to the sharp drop on Wall Street and to disappointing figures on the U.S. economy.
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Shares in Asia fell on Monday, with Japan down around 2.5 percent and Hong Kong down more than 3 percent, as concerns over the health of the U.S. economy returned to haunt stock markets, sending investors to seek safe haven government bonds.
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Asian shares fell on Tuesday as a soft dollar and concerns about weak holiday spending in the key U.S. market prompted investors to unload shares in exporters such as Samsung Electronics  and Honda
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Fears about the possibility of a recession in the US economy send Asian shares falling.
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Asian markets plunged Wednesday after a steep drop on Wall Street overnight fanned investors' fears the U.S. economy was sliding into a recession
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Shares in Asia fell on Monday, with Japan down around 2.5 percent and Hong Kong down more than 3 percent, as concerns over the health of the U.S. economy returned.
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Major Asian stock markets fell as much as 8 percent as panicky investors feared a U.S. recession could derail global economic growth, and a sharp drop in U.S. stock index futures pointed to heavy selling in New York later on Tuesday.
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Asian stocks tumbled anew on Friday  after the latest salvo of sour signals about the U.S. economy  pummeled Wall Street, sending the benchmark S&P 500 (.SPX)  sprawling 3 percent lower to a 15-month nadir.
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Natural disasters often provoke sharp stock market declines where they occur. But the Asian tsunami had negligible impact on industrial capacity.
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Stock markets fell sharply across most of Asia again today and continued declining in Europe, as investors worried about the drop on Tuesday in American stock indices and a Commerce Department report.
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Dollar and oil price weakness pulled  Asian export and resource shares down on Monday and knocked  Toyko shares lower, but strength in some bank and technology  issues underpinned broader stock markets.
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The volatility triggered by the mortgage meltdown in the United States further plagued stock markets today, prompting a drop of all major indices in Asia.
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Asian markets slide following the dip in global stocks on fears about China, with the Nikkei losing 2.9%.
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Asian stocks bounced in early trade on Wednesday after the strongest rally in the Dow Jones index since June, but gains were trimmed after an earthquake jolted northern Japan and chip-related stocks slumped.
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Weak Japanese data sapped optimism on  the economy and dragged the Tokyo stock market down by more  than one percent on Thursday, while a deadly explosion in the  Indonesian capital rattled Southeast Asian markets.
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TOKYO - Tokyo stocks opened lower Monday due to economic uncertainties following powerful earthquakes that hit northern Japan over the weekend.