Growth Fears Hit Markets; Dollar, Treasurys Rise

June 29, 2010  |  

(Wall Street Journal) — Fears about the pace of global growth hit financial markets hard Tuesday, with stocks sliding and investors rushing into the safety of the dollar and U.S. government bonds.Markets were already sharply weaker in Asian and European trading, and got an additional knock early in the U.S. trading day from a dismal reading of consumer confidence.

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