Global stocks mixed as Greece bailout deadline looms

July 8, 2015 7:47 AM

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Global stock markets were mixed Wednesday, after European leaders told Greece to reach a new bailout agreement with its creditors by Sunday or face bankruptcy and expulsion from the euro currency system.

In Asia, Japan's Nikkei 225 index lost 3.1% to close at 19,737.64, Hong Kong's Hang Seng index plunged 7.7%, and the Shanghai Composite sank 5.9%.

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