NEW YORK ( TheStreet) -- Emerging market indices eroded significant value last week on relentless selling, fueled by Greece's growing debt concerns and slowing economic growth in Europe. This resulted in mixed performance in world markets.India's Nifty slumped 4.0% to emerge top loser, China's Shanghai Composite Index followed, down 3.1%. Brazil's Bovespa shed 2.6%. Meanwhile, the S&P 500 and the Dow Jones snapped the prior week's losing streak and edged up 0.04% and 0.44%, respectively, driven by strong economic data that signaled a slow but steady recovery.
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