In this Monday, June 10, 2013 photo, Michael Iozzi, left, works with fellow traders on the floor of the New York Stock Exchange. World stock markets fell sharply Thursday June 20, 2013 after the U.S.

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In this Monday, June 10, 2013 photo, Michael Iozzi, left, works with fellow traders on the floor of the New York Stock Exchange. World stock markets fell sharply Thursday June 20, 2013 after the U.S. Federal Reserve said it could start scaling back its huge economic stimulus program later this year and a survey showed a slowdown in manufacturing in China. (AP Photo/Richard Drew) less 

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Associated Press
Fri, Jun 28, 2013 11:57 AM EDT