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Shares tumble on global growth concerns; Treasury yields fall
Stock indexes worldwide tumbled on Monday, led by banking stocks in Europe and technology stocks on Wall Street on persisting fears of a global economic slowdown, while benchmark 10-year Treasury yields hit their lowest in a year on demand for assets deemed less risky. European shares extended the previous week's big losses, with the FTSEurofirst 300 index of top regional shares closing at its lowest level since Oct. 2013. The STOXX Europe 600 banking index fell 5.6 percent, making it the top sectoral decliner. The index has lost more than 24 percent this year on concerns about banks' profitability and capital ... (full story)