Thursday, July 26, 2007

Treasury's Paulson plays down market volatility

(Reuters) - Global stock markets fell sharply on Thursday as investors fled risky assets for safe havens while tightening credit markets threatened to make it increasingly difficult to finance corporate deals, and the dollar fell sharply against the yen.




Paulson said the U.S. economy was healthy and global expansion was strong and said that was comforting but suggested it also had led investors to be less cautious.


Read more at Reuters.com Hot Stocks News

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