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Reuters: Stocks slide on Fed concerns, oil tops $135

Started by chris, May 22, 2008, 04:41:04 AM

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chris

Stocks slide on Fed concerns, oil tops $135
      


HONG KONG (Reuters) - Asian share markets slid for the third straight day on Thursday after the U.S. Federal Reserve slashed the U.S. economic growth forecast and oil surged above $135 a barrel, re-kindling fears of 1980s-style stagflation.
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