Portugal, Spain Lead Worldwide Decline in Stocks; Dollar Gains
February 4, 2010 – 3:32 pmStocks and bonds fell in Spain, Portugal and eastern Europe on concern governments will struggle to fund their budget deficits as spending cuts in Greece trigger labor strikes. The dollar extended gains and equities slid in New York after U.S. jobless claims unexpectedly increased.
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Tags: Budget Deficits, Decline, Dollar, Eastern Europe, Gains, Governments, Greece, Jobless Claims, Labor Strikes, Lead, Portugal, Portugal Spain, Spain, Spain Portugal, Stocks, Stocks And Bonds, Stocks Bonds, Worldwide, Worldwide Decline