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Asia Stocks Catch Lehman Flu, End Lower

Credit concerns and the misfortunes of Lehman Brothers weigh on market sentiment.
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Asia stocks fell Wednesday and stocks in Europe opened lower as renewed credit concerns and the misfortunes of

Lehman Brothers

(LEH)

weighed on market sentiment.

Japan's Nikkei 225 Stock Average fell 54 points, or 0.44%, to 12,346.63, while stocks trading on the Hang Seng index in Hong Kong fell 2.4%.

The FTSE 100 in London fell 19.60 points, or 0.4%, to 5,396, while the Dax in Germany fell 29.81 points, or 0.5%, to 6,203.60.

S&P and Nasdaq stock futures in the U.S. were higher early Wednesday indicating markets will rise at the opening of trading.

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Stocks on Wall Street fell Tuesday as anxious traders dealt a blow to Lehman shares. The

Dow Jones Industrial Average

tumbled 280.01 points, or 2.4%, to 11,230.73, and the

S&P 500

dropped 43.28 points, or 3.4%, to 1,226.51. The

Nasdaq

fell 59.95 points, or 2.6%, to 2,209.81.

This article was written by a staff member of TheStreet.com.