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APR 11, 2014 - San Francisco Chronicle

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Tech sell-off sends world stock markets lower

SEOUL, South Korea (AP) — Global stock markets were lower Friday as investors marked down technology stocks and a drop in U.S. jobless claims failed to boost investor confidence. Investors knocked down Internet and technology companies after the tech-heavy Nasdaq Composite had its worst day since 2011. The Labor Department said Thursday that the number of people seeking U.S. unemployment benefits dropped to the lowest level in almost seven years, suggesting improvement in the U.S. labor market. Next week's first quarter economic growth data from China will be the key indicator investors ... Read More

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