Pedestrians cross a road in front of an electronic stock board in Japan.(Photographer: Kiyoshi Ota/Bloomberg)

Stocks Drop, Bonds Rally as Italy Woes Jolt Assets: Markets Wrap

(Bloomberg) -- U.S. stocks tumbled the most in more than a month, joining a global equity selloff sparked by concern Italy’s political woes will destabilize Europe. Treasuries surged, oil plunged a...

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