02-08-2016 21:34 via news.yahoo.com

GLOBAL MARKETS-Stocks fall after weak U.S. data, dollar slides

Weak U.S. economic data and losses in consumer discretionary shares drove Wall Street stocks down on Tuesday, further dragging on global equity prices after the approval of a fiscal stimulus package by Japan's cabinet failed to cheer markets. Data showing muted U.S. inflation hit the dollar, which dropped to a six-week low against a basket of currencies, while persistent worries of a supply glut sent U.S. crude prices back below $40 a barrel.
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