U.S. Stocks Fall on 'Fiscal Cliff' Caution
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The euro and U.S. stocks dropped on Tuesday (November 27) as concern over the threat to the world economy posed by the U.S. "fiscal cliff" offset optimism from a deal to ease Greece's debt burden, though European and Asian stocks gained on initial investor optimism. The downdraft in U.S. stocks was in contrast to moves higher on other stock markets around the world, while safe-haven German bonds fell after global lenders reached a new deal to reduce Greece's debt and release loans needed to kee

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