Stocks recorded losses for a third day in row Wednesday as commodity and energy stocks fell amid persistent concerns that European banking officials aren’t doing enough to safeguard the region – and the rest of the world – from a more severe economic downturn.
Some investors and analysts are criticizing the European Central Bank for not buying more bonds of troubled European countries, a move that was widely seen in markets as a requisite next step following last week's EU summit on strengthening fiscal unity in the bloc.
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