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U.S. stocks continued a two-day slide Thursday on weak economic data and concern about the Federal Reserve’s resolve to keep juicing the market.

European stocks were sharply lower a day after U.S. stocks sustained some of their steepest declines this year. A monthly survey of European executives showed that business activity in the European Union slowed in February, a strong signal that a downturn that began last year will continue into 2013.

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