World stocks set for biggest 1-day loss in 20yrs
LONDON (Reuters) - World stocks tumbled more than 4 percent on Monday, on track for their biggest one-day loss in at least 20 years as concerns about the financial sector intensified, prompting broad sell-off in risky assets.
MSCI's main world equity index fell 4.2 percent on the day, hitting its lowest level since September 18.
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