Stocks React To Korea Tension, Europe Debt

Stock markets across Asia ended their trading day much lower, with indexes down 2 to 3 percent as military tension on the Korean peninsula adds to investor worries. And in Europe, there are concerns that several governments won't be able to pay back their debts.

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RENEE MONTAGNE, host:

NPR's business news starts with another dip in global markets.

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MONTAGNE: Stock markets across Asia ended their trading day much lower, with indexes down 2 to 3 percent. European markets are also down. In Asia, military tension on the Korean Peninsula is adding to investor worries. And in Europe, there are the continuing worries that several EU countries won't be able to pay back their debts.

Some of the focus has now turned to Spain, where, over the weekend, authorities had to step in and rescue a small bank.

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