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Wednesday, January 2, 2013

Euro STOXX 50 volatility index drops 14 pct

PARIS | Wed Jan 2, 2013 4:11am EST

The VSTOXX - which is used to measure the cost of protecting stock holdings against corrections - tumbled to 18.45, reversing most of a Dec. 28 surge that had been fuelled by fears a deal would not be struck.


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