Posted AT 6:42 AM EST on 15/10/08
Global stocks retreat as risk aversion returns
LONDON — Signs of renewed risk aversion surfaced on Wednesday, with stocks pressured and gold rising as investors fretted the global economy will not escape a recession even after bank bailouts, which have taken the edge off money-market stress.
Oil prices held near a one-year trough below $80 (U.S.
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