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News / Nation & World

Stocks slip as European protests worsen debt fears

The Columbian
Published: September 29, 2010, 12:00am

NEW YORK (AP) — Stocks are slipping as protests against austerity measures in Europe brought new worries about the region’s financial system.

European markets fell as demonstrators gathered in Brussels, Spain and Ireland to protest austerity measures aimed at preventing another fiscal crisis that required a bailout of Greece earlier this year.

Trading was subdued with no major U.S. economic reports or corporate earnings due out Wednesday.

The Dow Jones industrial average fell 16, or 0.2 percent, to 10,841 in midday trading.

The Standard & Poor’s 500 index slipped 2, or 0.2 percent, to 1,146, and the Nasdaq composite index fell 2, or 0.1 percent, to 2,377.

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