World markets decline on debt impasse
July 25th, 2011
08:00 AM ET
3 years ago

World markets decline on debt impasse

NEW YORK (CNNMoney) - Stocks around the world fell Monday, as markets reacted to news that congressional leaders and the Obama administration failed to reach agreement on a deal to raise the U.S. debt limit.

Tokyo's Nikkei 225 closed lower 0.8% at 10,050. In Hong Kong, the Hang Seng index lost 0.7%.

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Filed under: CNNMoney.com • Debt • Economy