World markets slump on economic gloom (AP)

A man walks past an electronic stock indicator in Tokyo, Japan, Monday, Dec. 1, 2008.  Japan stocks lost ground Monday, as cautious investors awaited key U.S. data this week amid ongoing nervousness about the health of the global economy.  The benchmark Nikkei 225 stock average fell 115.05 points, or 1.45 percent, to 8,397.22 in thin trading. (AP Photo/Shizuo Kambayashi)AP - World stocks slumped Monday, giving up about half of last week's gains after a raft of weak economic data from the U.S., Europe and elsewhere renewed fears that the global economy is in the midst of a prolonged economic downturn.


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