RENEE MONTAGNE, host:
Our business news starts with U.S. market anxiety spreading to Asia and Europe.
Asia's major stock indexes were down sharply today. Japan's Nikkei fell 2.3 percent. Hong Kong's main index fell a similar amount, and the losses were even larger in South Korea and Taiwan.
All this on worries that a credit squeeze in the U.S. might spread and hurt the global economy.
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