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ATHENS, Greece - Greece suffered its worst stock market bloodbath in decades on Monday, when it opened after a forced five-week closure, and new data showed a dismal outlook for the bailout-dependent country's shrinking economy.
The main stock index shed over 22 per cent just minutes into the opening, as investors got their first opportunity since late June to react to the latest twists in the country's nearly six-year economic drama.
Greek stock market plunges by a fifth upon reopening, surveys point to dramatic economic slump
NEW YORK (Reuters) - Oil sank to six-month lows on Monday with Brent crude falling below $50 a barrel on sluggish U.S. and Chinese economic data and bets for weaker gasoline consumption in the United States after tearaway demand earlier in the summer.
Evidence of growing global oversupply and a stock market collapse in China, the world's largest energy consumer, have weighed on oil for weeks, leading in July to U.S. crude futures' largest monthly decline since the 2008 financial crisis.
Oil sinks to six-month low amid weak data, slump in gasoline