World stocks drop as dollar hits 3-month euro high (AP)

A trader works on the floor of the New York Stock Exchange Wednesday, Dec. 16, 2009. Stocks pared their gains Wednesday as the Federal Reserve reminded investors that it would end several of its extraordinary supports for the economy in the coming year.(AP Photo/Richard Drew)AP - World stock markets fell Thursday while the dollar strengthened to a three-month high against the euro after the Federal Reserve signaled it would start undoing some of its emergency supports next year as the economic recovery gathers pace.


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