World markets mixed as US data worse than expected (AP)

Traders work on the floor of the New York Stock Exchange, January 22, 2009. U.S. stocks tumbled on Thursday, dragged down by a surprisingly grim earnings report from Microsoft and economic data that showed further deterioration in the labor and housing markets. REUTERS/Brendan McDermid  (UNITED STATES)AP – World stocks were mixed Thursday after worse-than-expected U.S. unemployment and housing data cut off an earlier rebound that saw investors buying up beaten-down bank stocks.

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