World stock markets lurch downward as investors take profits from rally; China dives 4.3 pct

World stocks fall as China market unravels HONG KONG ? World stocks lurched lower Wednesday, with Shanghai’s index tumbling as much as 5 percent, as this year’s powerful rally started to peter out amid concerns the markets were overheating. Asia’s markets were modestly higher through the morning in lethargic trade before getting whacked, with Europe following them [...]

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