Bears Are Back with a Vengeance On Iraq Fear

Daily MailMay 11, 2004

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Summary


STOCK markets around the world took a nasty tumble on fears over Iraq, oil prices and likely rises in interest rates.

Fourteen months after the bear market apparently ended, investors were given a nasty reminder of what it felt like. Tokyo began the week with a clattering 5pc fall while other Far Eastern markets also slumped.

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Extract


Bears Are Back with a Vengeance On Iraq Fear

London dropped 2pc in a broad sell-off as 97 of the top...

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