Stocks fall as China clamps down on bank lending

Jan 26th, 2010 | By Business Tech | Category: 1 lead stories, business-tech

In this Jan. 30, 2009 file photo, a trader leans on a phone post on the floor of the New York Stock Exchange. The stock market slumped Wednesday, Jan. 20, 2010, on concerns that tighter lending standards in China could endanger an economic recovery. Disappointing earnings results from IBM Corp. and Morgan Stanley added to the market's angst.(AP Photo/Richard Drew, file)AP – Investors’ growing anxiety about China’s attempts to slow its economy and disappointing earnings reports in the U.S. led to another selloff in stocks.


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