Sliding auto stocks lead eurostocks plunge

Newswire

By Marius Bosch FRANKFURT, Sept 30 (Reuters) - European stocks plunged on Tuesday as the weak dollar pummelled exporters like auto makers DaimlerChrysler and Volkswagen amid rekindled worries about the global economic recovery. Investors, fearing companies may struggle to meet expectations in the upcoming corporate reporting season, stepped up selling on the final day of the third quarter after weak U.S. consumer confidence data raised more questions about the health of the economy. ...

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